BAKU, Azerbaijan, October 19
By Tamilla Mammadova – Trend:
Georgian Poti Free Industrial Zone (FIZ) has the opportunity to be a regional center for the development of the industrial sector, as well as the creation of a trade/logistics hub, said Poti FIZ CEO David Ebralidze, Trend reports via Georgian media.
"Indeed, all infrastructural development, refinement of the transport corridor, and establishment of a unified system, which is underway throughout the region, will further contribute to the integration of Poti FIZ into the regional supply chain," he noted.
According to Ebralidze, all FIZ projects are of a regional-scale since the Georgian market is not large.
"Therefore, the projects are designed for the region, especially the CIS countries, for which there is a higher chance of obtaining a preferential certificate of origin. At the same time, some companies export their products to European and US markets, he added.
As Ebralidze noted, particularly noteworthy is an example of one of Poti FIZ's new projects, "SDT Georgia" LLC, an enterprise with manufacturing plants located in Europe and China.
"SDT Georgia" LLC is a part of an international supply chain and plans to produce automotive components from imported aluminum and zinc bars for the world-leading automotive industry," he said.
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