Economy
Posted:
1 year ago
Hualing Free Industrial Zone is Expanding its Bordcers
On July 22nd, 2022 mutual obligation agreement was signed between the Hualing Free Industrial Zone and the Ministry of Economy and Sustainable Development of Georgia. On the basis of this agreement, Hualing FIZ will be expanded by 22 hectares and will cover 58 hectares.
The document was signed by Mr. Levan Davitashvili, the Minister of Economy and Sustainable Development of Georgia, on behalf of the Government of Georgia and Soso Nibladze, CEO of Hualing FIZ.
In the upcoming months, Hualing FIZ management will finalize the arrangement of the customs check-point and other required infrastructural elements.
As a result of the expansion, ready-made warehouses and industrial buildings with a total area of 50,000 m2, recreational areas of up to 10,000 m2 and other essential infrastructure will shortly become available for both - local entrepreneurs and potential foreign investors.