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Israeli company to get license on construction of free industrial zone near Tbilisi

Business Materials 8 June 2009 16:09 (UTC +04:00)

Georgia, Tbilisi, June 8 / Trend N. Kirtskhalia /

Israeli group of companies TERRA will get license on construction of free industrial zone near Tbilisi's airport in July. The company applied to the ministry of economy for license in April.  

TERRA will construct free industrial zones Airport City together with German company DTZ that will get 70 percent of 45 hectares of land allocated for zone for participation in construction. 

Decision on construction of head office of free industrial zones will be made after negotiations with the country's government.

TERRA was created on Israeli investments and unites several companies.

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