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Insight


Why Invest in Georgia 01. Panoramic view from Narikala Fortress of the capital of Republic of Georgia - Tbilisi. G


eorgian industry is very entrepre- neurial and highly motivated to develop rapidly. As industries in Georgia develop, firms and in- vestors are looking for opportunities to invest. The combination of dynamic economic growth, pro-business legislation, a liberal tax code, a strong legal framework to protect investors and an edu- cated and skilled workforce presents a solid plat- form for successful business in Georgia. Georgia’s strategic location is an asset to any


investor. As a bridge between Europe and Asia, Georgia offers direct access to European, GCC and CIS markets (more than 1 billion con- sumers). Georgia is a prime location for cen- tralized market operations in the Black Sea Region and the preferred choice for Regional Headquarters and multi-country distribution cen- ters, contact centers and shared service centers. As a major regional transport-transit hub,


Georgia offers significant distribution opportu- nities through its newly renovated and expanded transportation infrastructure, which includes an extensive national highway system, newly ex- panded railway routes, 4 newly renovated inter- national airports and 3 seaports. With its close proximity to Europe, Central


Asia, Turkey and the Middle East, Georgia stands as an attractive offshore location for multinational companies to locate their manu- facturing and production operations in one of Georgia’s 3 Free Industrial Zones.


Geographically well situated in the South- ern Caucasus, Georgia can be reached easily from most major European, Central Asian and Middle Eastern cities. Tbilisi International Air- port and Batumi International Airport, with di- rect connections to more than 32 international cities, offers easy access to Georgia’s capital:


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• 57 flights to Europe weekly • 55 flights to CIS weekly • 2 flights to GCC weekly • 7 cargo flights weekly • Business Environment • Georgian industry is very entrepreneurial and highly motivated to develop rapidly.


As industries in Georgia develop, firms and in- vestors are looking for opportunities to capital- ize on. The combination of dynamic economic growth, pro-business legislation and tax code, a strong legal framework to protect investors and an educated and skilled workforce presents a solid platform for successful business in Georgia. Georgia has been rated as the world's one of


the best countries for doing business on the basis of its business infrastructure, financial, legal and professional services, and its low and simple tax system. The World Bank and IFCs 2011 Doing Business report demonstrates Georgia’s poten- tial as one of the best destinations for investors. Investors will find Georgia’s natural advan-


tages – in both the country and its workforce – a reliable asset in establishing its operations and im- plementing its strategies. Georgia’s liberal labour code reduces labour costs and guarantees that in- vestors will have the flexibility to grow its human resources base as its business needs expand.


• Georgia’s Natural Advantages • Entrepreneurial Spirit


• Proactive & Open Business Climate • Strategic Location • Educated Work Force • Average Gross Monthly Salaries = USD 346 • Proven Track Record • Quality Infrastructure


About Georgia


- More than 4,600 companies in Georgia were established by foreign investors. These firms have capitalized upon the skills and talents of Georgia’s multi-lingual and highly educated workforce. - Georgia offers competitive cost factors (labour, utilities, real estate, taxes). - Georgia’s workforce of 1.9 million people is highly educated – 30.8% have university de- grees. - Average Gross Monthly Salaries are lower than European equivalents – USD 346 in 2010. - 50.4% of the unemployed population (169 100 people) is aged between 20-34. - Georgia boasts low tariffs, streamlined bor- der clearance procedures and preferential trade regimes with major partners, including the EU, the U.S. and free trade with Turkey and CIS countries. Georgia has been a member of the WTO since 2000 and has no quantitative restrictions on trade. - Georgia hosts an excellent infrastructure. Extensive public and private investment has developed a dynamic nationwide network of roads, railroads, waterways, harbours and airports. - Georgia’s foreign trade has been growing rapidly since 2003 as a result of aggressive policy re forms to make it easier and less ex- pensive to trade across borders. - Georgia offers a high quality of living to vis- itors. Its environment is clean, with a focus on Green Energy and organic food production


New European Economy


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