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Member of RAKIA PowerPoint Presentation
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Member of RAKIA

Member of RAKIA

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Member of RAKIA

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  1. POTI FREE INDUSTRIAL ZONE Member of RAKIA
  2. Poti Free Industrial Zone RAKIA GEORGIA FIZ LLC established the first Free Industrial Zone in the Caucasus region in the Black Sea port city of Poti, Georgia. Poti Free Industrial Zone is fully functional since November 15, 2010 Company was created in June 2008 by RAK Investment Authority (RAKIA), UAE Governmental Nodal Agency. Ras Al Khaimah United Arab Emirates Member of RAKIA
  3. RAKIA has expertise in developing free zones and managing the ports in various parts of the world (UAE, African Continent, India). Its own free zone consists of three business parks: for trading and services, for heavy and SME industries, warehousing of raw materials and for manufacturing. Established in 2005, the RAKIA Free Zones have more than 4000 registries companies with trade turnover of around 10 billion USD. Promoters Profile Others Indian Subcontinent Asia/ SE Asia Middle East Europe Member of RAKIA
  4. Mission and Vision * To offer complete end-to-end solutions and efficiently cater to investor’s timely needs. To ensure minimum transaction time and cost value that would enable smooth startup and running of business. * To become the most successful regional trade, industry and logistics development centre. To create wealth and employment and to facilitate sustainability and profitability for every investor Member of RAKIA
  5. Situates on the historic Silk Road between East & West, adjacent to Poti Sea Port – one of the largest and oldest sea port on the Black Sea. Project Details/Location Member of RAKIA
  6. East Europe West Europe South Europe Project Details/Location Russia China Midlle East Iraq Iran India Member of RAKIA
  7. 1100 km 1075 km 420 km 234 km 1167 km 450 km 1110 km 204 km Project Details/Location U K R A I N E Moldova R U S S I A N F E D E R A T I A N R O M A N I A B U L G A R I A T U R K E Y Member of RAKIA
  8. Project Details/Location RUSSIA EUROPE POTI CENTRAL ASIA & FAR EAST MEDITERRANEAN Strategic Geo-Political and Economical location With easy access To EU and CIS markets. Member of RAKIA
  9. Infrastructure Island Nabada Rioni river main bed Poti FIZ Rioni river city channel Poti Port Kolkheti National Park Lake Paliastomi Free Zone Area – 3.028.000 sqm.; Roads Area – 543.757 sqm.; Main Custom Area – 73.500 sqm.; Railway Area – 18.900 sqm; Business Tower 1 – 5.000 sqm.; Projected Area
  10. Infrastructure Infrastructure Member of RAKIA
  11. Project Details Electricity Sub-Station adjacent to Poti FIZ Railway Access to Poti FIZ Customs Zone Planned New Port aligned with Poti FIZ Member of RAKIA
  12. Customs Zone
  13. Facilities Warehouses – from 6USD per 1 sqm/month Offices – from 10 USD per 1 sqm/month Smart Offices – from 1900 USD annually
  14. Advantages Of Poti Free Zone Country General Advantages Located on the gateway of ancient Silk Road connecting west and east and vice versa; Wide access to the EU&CIS with over 1 billion population market; Simple country entrance, visa and residence procedures Stable democracy; Investor friendly environment, transparent laws and regulations; Low living costs; No restrictions on hiring expats; Minimum transaction and conversion cost, efficient international banking services; Project financing available through local and international banks; Safe living conditions; Member of RAKIA
  15. Advantages of Poti Free Zone Economic/Trade Advantages #1 Reformer in the world in 2006 (according to World Bank Doing Business Survey 2007); #8 among 189 countries in the world in terms of Easiness of Doing Business in 2013 by World Bank (improved from #9 in 2012); Progressing rankings in Global Competitiveness Index; #2 – Time for business start-up #10 – Easiness of state regulations #19 – Investment protection Corruption-free Environment; 460% Increase in budget revenues since 2003; Stable currency; Freedom of transit; 0 Score in difficulty of the hiring and firing indices in the 2008 World Bank Doing Business Survey – one of the best Labor Codes; Member of RAKIA
  16. Advantages of Poti Free Zone Free Trade Agreements with Turkey and CIS countries (Ukraine, Azerbaijan, Armenia, Moldova, Kazakhstan, Uzbekistan) Generalized system of preferences - GSP plus agreement with EU and Turkey, enabling duty free/preferential imports from Georgia on over 7200 categories of goods. GSP with USA, Canada, Switzerland and Japan Deep and Comprehensive Free Trade Agreement to be signed with EU in autumn 2014 Member of RAKIA
  17. Advantages Of Poti Free Zone Tax Advantages 0% tax on import-export (4% fee on invoice applies on sales to Georgia from FIZ and vice versa) 0% on VAT 0% tax on profit 0% tax on property 0% tax on dividend Operational Advantages Easy Business Set-up; No limitations on company legal form ownership; 100% ownership in FIZ; 100% capital & profit repatriation; No minimum capital required Low Licensing costs; Low warehouse/office leasing tariffs; Low cost of skilled/semi skilled/unskilled labor; Low cost of utilities Member of RAKIA
  18. Competitive Advantages Land Lease Tariffs USD/sqmper year Member of RAKIA
  19. Competitive Advantages Office Rental USD/sqm/month Member of RAKIA
  20. Competitive Advantages Housing Rental USD/sqm/month Member of RAKIA
  21. Competitive Advantages Electricity Rate For Industrial Use USD/KWH 0.06 Poti (Georgia) Member of RAKIA
  22. Set Up Process License Types Manufacturing & Commercial General Trading Special Trading Warehousing Consulting Services Logistics Contracting Financial/Banking Member of RAKIA
  23. Business Set Up Process Steps Complete & submit simple application form with MOU. Documentation is reviewed, approval granted and FIZ license issued within ONE day. State Registration procedures, including bank account opening is carried out in 1 day. Company registration can also be carried out without the physical presence of the owners Member of RAKIA
  24. Current Investors Key Investment Sectors Manufacturing Small/Medium Enterprises Processing/Assembly/Packaging General and Special Trading Warehousing & Cold Storages Transport & Logistics Financial Services, Insurance & Professional services (Phase II) Member of RAKIA
  25. Current Investors Current Major Investors (Updated) Perdue (USA) Staldom (Ukraine) Georgia Gold (India) Gilis (Russia-Georgia) IFO Tyres (Azerbaijan) Fixed Pipelines (UAE) Global Gases Georgia (UAE) CaucasChem Trade (Armenia) Intermetal Georgia LLC (Azerbaijan) Aroma Fragrances (Ukraine) Dana Group (Armenia) Vintage (Ukraine) SAS Paman (Afghanistan) Geospirtprom (Georgia) Atol Paint Co (UK) Member of RAKIA
  26. Investors Projects in FIZ Fixed Pipelines LLC Poti FIZ registered company Fix Pipelines LLC, Plot#325, 1500 sq.m, are going to construct Oil and Gas pipelines repairing equipment production factory. SAS PAMAN LLC Poti FIZ registered company SAS Paman LLC, Plot#430, 5000 sq.m, has started construction of warehouse and cold storage building to be utilized by various companies. Member of RAKIA
  27. Investors Projects in FIZ Aroma FragrancesLLC Poti FIZ registered company Aroma Fregnances, Plot#265, 1000 sq.m already started construction of perfume ingredients factory, AFG International LLC (Perdue) Poti FIZ registered company AFG International LLC, Plot#247, 7000 sq.m, owned by one of the biggest US poultry processing companies is going to construct poultry processing unit. Member of RAKIA
  28. Investors Projects in FIZ Geospirtprom LLC Poti FIZ registered company Geospirtprom LLC, Plot #337, 30000 sq.mhas started ground works for construction of ethanol factory Intermetal Georgia LLC Poti FIZ registered company Intermetal Georgia LLC, Plot #286, 5000 sq.m, has started construction of roof tiles processing factory. Member of RAKIA
  29. Investors Projects in FIZ Global Gases Georgia LLC Poti FIZ registered company Global Gases Georgia LLC, Plot#257, 2000 sq.mhas constructed Helium processing unit Alchemist GBT Int LLC Poti FIZ registered company Alchemist GBT International LLC, Plot#227, 70000 sq.mis going to construct Green-break technology processing unit Member of RAKIA
  30. International Recognition Awards BID Century International Quality Era Award in the Gold Category for RAKIA GEORGIA FREE INDUSTRIAL ZONE Recognized for Commitment to Quality, Leadership, Innovation and Technology Member of RAKIA
  31. Contact Details RAKIA GEORGIA FREE INDUSTRIAL ZONE (TBILISI HEAD OFFICE) 34 Chavchavadze str. 0179 Tbilisi, Georgia Tel: +995 32 227 77 33/248 54 85 Fax: +995 32 227 77 66/248 54 87 E-mail: info@potifreezone.ge Web: www.potifreezone.ge RAKIA GEORGIA FREE INDUSTRIAL ZONE (POTI OFFICE) Chavchavadze Str., Poti Free Industrial Zone 4400 Poti, Georgia Tel: +995 493 22 52 54/5/6 Fax: +995 493 22 52 59 E-mail: info@potifreezone.ge Web: www.potifreezone.ge Member of RAKIA