Commersant.ge interview

Bakhodur Bakhranov, the founder of the company, told Commersant that the construction of the enterprise is almost complete. Internal and external perimeter repairs and installation of production equipment are currently underway, after the completion the processing of various types of nuts and dried fruits will begin. The total investment cost of the project is about 2 million GEL.

“We have been discussing the location of the factory for a long time and finally chose Poti FIZ, whose strategic location and tax benefits give us a special advantage, moreover, it is in the center of the regional trade corridor” Bakhodur Bakhranov said.

At the first stage, 125 tons of hazelnuts will be processed every month, which will be exported to the CIS and European countries. The enterprise will employ 30 local workers who will undergo a special training course.

Poti Free Industrial Zone is the first tax-exempt area in Georgia and Caucasus region in which the Government of Georgia is represented as a partner. The Poti Free Industrial Zone team is actively looking for small and medium-sized enterprises in the area.

“Our goal is to establish Poti FIZ as a large-scale regional trade and production hub, where registered companies will establish regional trade and distribution centers and produce various types of Georgian products. This is a priority for the development of our country’s economy. It is important for us that the opening of a hazelnut processing plant promotes employment and increases the turnover in the region, ”said Davit Ebralidze, General Director of Poti FIZ.

Poti Free Industrial Zone offers investors fast registration of the company in the area with tax benefits, licenses – according to the business sector, long-term warehousing and land leasing, modern infrastructure and customs services – 24/7. Companies registered with FIZ successfully carry out trade-manufacturing business, including import / re-export / export procedures. The companies produce and assemble different types of products, which are delivered to Georgia, CIS region and international markets.