Israel to transfer its enterprises to Georgian city of Anaklia

Georgia and Israel are discussing the possibility of transferring several Israeli enterprises to Georgia’s Black Sea town of Anaklia.

At today’s meeting with Georgia’s Prime Minister Giogri Kvirikashvili, President of Israeli Entrepreneur Association Shraga Brosh said that it was easy to do business in Georgia thanks to minimal bureaucracy, a flexible tax system and the government’s emphasis on the country’s economic growth, which also leads to the business society’s interest towards Georgia.

Kvirikashvili talked about the existing favourable business environment in Georgia and the country’s investment potential. While talking about these topics, the PM paid particular attention to the Anaklia Deep Sea Port project that is underway on the shores of the Black Sea city of Anaklia, near Georgia’s breakaway Abkhazia region.

Industrial and logistic parks, residential, touristic, finance and business centres, recreational zones – this is a small part of the huge plans that includes the development of the new city of Anaklia which will be next to the new port.

Construction of Anaklia port is due to be completed in 2020 and the port will be able to receive ships from 2021.