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Two Warehouses to Be Built in Georgia Upon German Projects for $153m

Logistics centers with a total investment value of $153 million will be established in the German cities of Tbilisi and Kutaisi.

According to the feasibility study of the logistics centers’ construction developed by the German company Dornier Consulting International, the sites near the village of Kumisi in the vicinity of Tbilisi and near Kutaisi international airport has been selected for the projects’ implementation.

In particular, for each logistics center, business models have been prepared, the market analysis has been carried out, as well as their impact on the environment has been assessed. The total cost of building of a Tbilisi logistics center is estimated at $80.3 million (the first stage will cost $60.7 million), and Kutaisi logistics center is estimated at $72.5 million, with the first phase worth $27.1 million.