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Explore Georgia’s Potential in:» Hydro Power» Regional Logistics» Tourism» Manufacturing» Agriculture» Regional Services

Now is the righttime toInvest in Georgia

Georgian National Investment Agency

2013

2 Invest in Georgia

Invest in GeorgiaGeorgian National Investment Agencywww.investingeorgia.org2013

Project Management:Newspaper Georgia Today Ltd. www.georgiatoday.ge

Publisher: George SharashidzeEditor: Elene KvanchilashviliCopy Editor: Katie Davies Designers: Natalia Glonti, Nata KipianiPhotographer: Goga Chanadiri

Invest in Georgia is an annual publication of the Georgian National Investment Agency in cooperation with Georgia's leading English language newspaper Georgia Today. It gives an overview of Georgia’s economy and the reforms taken to liberalize and derregulate the market, as well as the steps taken to ease doing business within the country. Invest in Georgia gives potential investors a clear guide to the country and highlights for them the investment opportunities available.

Copyright 2013. All rights reserved.

It is with great pleasure that I present to you my country, Georgia, and the many unique and attractive investment opportunities it offers to the international business community.

We are living in a time of extraordinary changes and shifts in global economic trends, where the interest of investors is directed to the growing economies of Asia, South America and the CIS. Georgia’s position in this group of developing economies is strong and continues to grow thanks to its strategic location, transparent business practices and favourable taxation structures.

Furthermore, despite the country’s small population of 4.4 million, our businesses enjoy access to over 350 million potential customers, without customs tariffs, thanks to free trade agreements with CIS countries, Turkey and others. We are also in the final stages of initialing a Deep and Comprehensive Free Trade Agreement (DCFTA) with the European Union. It is a ground-breaking deal for the country that will allow access to a custom-free market of 900 million people.

As the Head of the Georgian Government, I would like to emphasise the extensive work that we are undertaking to maintain the stability of our economy, which is based on fairness, equal opportunity and a strong business environment. It is as a result of this pledge that the Georgian people put their trust in me and my team to lead the country to economic prosperity –my colleagues and I are very proud of our achievements and renew our commitment to continuing working for the benefit of the whole of Georgia.

We have already made significant progress to ensure that Georgian courts are independent, that the business environment is free of monopolies and cartels, and that every company working in or with Georgia enjoys a fair and balanced system, giving them all the tools they need to succeed.

I would like to personally invite you to Georgia, so you can yourselves explore the diverse investment opportunities that the country has to offer and become a valued partner in our continued growth story.

3 Invest in Georgia 2013

BIDZINA IVANISHVILI Prime Minister of Georgia

Georgian Railway

of Success of Success 140YearsYears

New Strategy

New Challenges

New Vision

Mission – to organize freight and passenger trans-portation with effi cient infrastructure and rolling stock services, and to make the Caucasus the most eff ective connection point between Europe and Asia.

Vision – our objective is to permanently develop management systems and human capital through education and the acquisition of capabilities, so al-lowing us to off er superior operational and fi nancial performance.

Infrastructure vision – we provide eff ective railway infrastructure services; our investments are effi cient and our engineering capabilities are the most ad-vanced.

Freight vision – we are concentrated on permanently increasing freight volumes, types of cargo and geog-raphies. We consistently improve shareholder value while never forgetting about the responsibility we have towards our communities, employees, and to-wards the overall economy, and in such a way we aim to benefi t all stakeholders.

Passenger vision – to create a better everyday life for a multitude of people. We want to be the leader in the passenger transportation sphere. We will make this possible by off ering a wide range of qualitative pas-senger transportation services at prices low enough to be aff ordable for as many people as possible.

Koka Guntsadze, Head of the Supervisory Board:

Our short term plan is to attract new clients and to enter new mar-kets. We will continuously improve the safety of both transporta-tion of cargo and passenger services. Infrastructure modernization and the establishment of a modern management system is also our priority.

Our vision of the future of Georgian Railway is to become the main component of a larger transportation corridor which connects east to west, starting from Central Asia and reaching Eastern Europe through the Caspian Sea and South Caucasus.

Our corridor is one of the shortest, fastest and most comfortable. Th rough capitalization on these competitive advantages we will create tighter cooperation with all participant countries- off ering them not only a railway service but a whole transit chain incorpo-rating both seaports and airports.

Mamuka Bakhtadze, General Director:

According to our new strategy, we will transform Georgian Railway into a multi-modular transportation and shipping company in the short term. Th en we will strengthen our competitive advantage by entering the terminal service business, too.

We will increase our contribution to the Georgian economy by con-centrating on the further development of local shipping, and at the same time by capitalizing on the main geopolitical asset of Georgia – transit potential. Although pipelines, aviation, seaports and truck transportation play an important role, Georgian Railway should be the key player in increasing that transit potential. We will achieve this through continuous improvement of our infrastructure, logis-tics services and, more importantly, by developing the right strat-egy.

Our strategic goal is to compete with other Eurasian corridors by developing the fastest and cheapest transportation service between Asia and Europe. Georgian Railway is one of the main geopolitical assets of Georgia and therefore we are open and transparent to the public- freely providing information about our strategy and fi nan-cial performance.

www.railway.ge

6 Invest in Georgia6 Invest in Georgia

GEORGIA: THE INVESTMENT GATEWAY TO EURASIAGEORGIA: THE INVESTMENT GATEWAY TO EURASIA

Georgia offers global investors a new investment destination and a variety of opportunities across a range of the country’s fastest growing sectors, including hydro power, tourism, manufacturing, regional services, logistics and agribusiness.

Investors in Georgia can enjoy the following benefits:

1. Market access through Free Trade Agreements;

2. Strong sovereign balance sheet;

3. Conservatively managed banking sector;

4. Developed transport infrastructure for trade, logistics and manufacturing (multi-modal maritime, land and air access);

5. Stable and competitively priced energy supply;

6. Skilled and Competitively Priced labor force.

Located in the Caucusus region, neighboring Russia, Azerbaijan, Turkey and Armenia, Georgia is positioned as a gateway between Europe and Asia. On the coast of the Black Sea, the country is perfectly situated for easy access from most major European, Central Asian and Middle Eastern regions.

One of Georgia’s main priorities is to play a more active role in the global economy and attention has firmly turned to creating an attractive business environment for international companies to succeed in the region.

Being a major regional transport-transit hub, Georgia offers significant distribution access and opportunities through newly renovated and expanded transportation infrastructure, which includes a recently upgraded highways, rail and seaport network. The country’s three international airports – Tbilisi, Batumi and Kutaisi – provide direct access to prominent international connections.

Through the implementation of extensive reforms to offer investors a liberal tax system and more business-friendly environment, Georgia has illustrated its commitment to opening its doors to the international investor community. Furthermore, pro-business legislation and labor flexibility have contributed to overall trade liberalisation and a significant growth in local production and exports and, in addition, Georgia offers a unique and simplified administration and registration service for businesses, which can be utilised to obtain the full range of required work documentation via one-stop-shop organisations.

Since 2005, access to public services has been made more streamlined and efficient. Citizens are now able to access more than 300 types of services, such as healthcare, under the single entity of Public Service Halls. Free online access to company, land and property registries, along with other databases, has also helped promote transparency, while reducing bureaucratic burden and red tape. In 2012, Georgia’s electronic statement procurement system and Public Service Halls were recipients of the highly-regarded UN Public Service Award.

7 Invest in Georgia 20127 Invest in Georgia 2013

Georgia- Political StabilityThe stability of the political system is widely considered to be one of the most important factors for international investors. In 2012 and 2013, this political stability was reaffirmed in Georgia through successful and open democratic parliamentary and presidential elections. While these led to a change in administrations, the commitment to a programme of economic liberalisation and Euro-Atlantic integration remains unwavering.

Georgia- The economic outlookGeorgia has a broad-based and diversified GDP structure which is well-positioned for sustainable growth. In 2011, the real rate of GDP growth amounted to 7.2 per cent, and in 2012, the growth rate stood at 6.1 per cent. Georgia is widely expected to maintain a growth range of 5 – 8 per cent for the years to come.

Georgia has a stable and conservatively managed banking sector. Banks are privately owned and well-capitalised, with high liquidity ratios and significant growth prospects. There have been no closures or bailouts of Georgian banks as a result of the recent global economic crisis.

The public debt performance of Georgia is also favourable, with debt ratios in steep decline since 2003. In 2012, public debt decreased by 5.7 per cent to 34.9 per cent of GDP, while external public debt went down to 27.6 per cent.

Georgia- Liberal trade regimes and access 350 million marketGeorgia’s liberal trade regimes provide investors with a favourable opportunity to not only access the country’s 4.4m residents, but the wider region’s markets, as a direct result of the absence of customs and import tariffs. To date, Georgia has signed FTAs with CIS countries that include Ukraine, Belarus, Moldova, Kazakhstan, Kyrgyzstan, Tajikistan, Uzbekistan and Turkmenistan, as well as its neighbors, Turkey, Azerbaijan and Armenia.

Georgia has already signed the European Union’s Generalised Scheme of Preference Plus, which allows the country to export over 7,200 products to the EU market with no duties or tariffs imposed. In addition, negotiating rounds on the Deep and Comprehensive Free Trade Agreement (“DCFTA”) with the EU have been concluded and it is expected that Georgia will sign the DCFTA in the near future.

In February 2012, it was agreed that the US and Georgia would commence working towards a Free Trade Agreement, which if realised, will make the country the only European state to have such a treaty with the US in place.

General Schemes of Preference for Georgia with the US, Norway, Switzerland, Canada, and Japan have also been applied for, with the result being lower tariffs on 3,400 goods exported from Georgia. In addition, Georgia is a member of the World Trade Organisation (WTO).

In terms of border control, all foreign travelers to Georgia enjoy highly accessible and service-oriented customs policies and administrative protocol. There is almost no custom duty, with 90 per cent of goods being exempt from import tariffs, with no quantitative restrictions. The average time for customs clearance is currently 15 minutes – one of the fastest and most efficient in the CIS.


Georgia- A labor market with a young and skilled work forceA critical consideration for any business looking to enter a new market is the availability of skilled labour. Together with the aforementioned advantages, the Georgian labour market is both skilled and competitively priced, which has played a significant role in the attraction of international businesses and corporates. According to Heritage Foundation 2013, Georgia has one of the most liberal labour environments, not just in the region, but globally – it was ranked third in its most recent index.

50 per cent of the unemployed population is in the 20-34 age category. The average monthly salary in Georgia amounts to USD$450, which includes blue and white collar workers, as well as C-suite employees.

The government promotes vocational education, having financed the creation of few dozen training facilities throughout Georgia. These provide professional courses in a variety of practical subjects, with highly subsidised fees. Businesses have, as a result, enjoyed the benefits of having a potential pool of employees, which have been custom-trained.

Georgia- The international ratingsIn the recent Doing Business 2014 report, an annual research paper published by the World Bank and the International Finance Corporation (IFC), Georgia ranks 8th out of 189 countries on the ‘Ease of Doing Business’ criteria. It sits alongside developed markets, such as the US, Singapore, Denmark, Norway and the UK, among others.

The report concludes that since 2005 Georgia has delivered its strongest ever performance in terms of reforms across every measured area. It also notes that in the past year alone Georgia has experienced improvements in six areas, which is more than any other economy in the world.

One of the highlights in the report relates to Georgia introducing measures to make enforcement of contracts easier, through the simplification and speeding up of proceedings for commercial disputes. The guide says, “[Georgia] has strengthened its secured transactions system through an amendment to the civil code by allowing security interest to extend to the products, proceeds and replacement of collateral.”

According to the report, Georgia has accelerated the process of resolving problems related to payment ability, including the establishment of shorter and stricter deadlines for auction. It has also reduced export and import times by creating customs clearance zones.

Another influential think tank and research house, The Heritage Foundation, placed Georgia as the 21st on its Index of Economic Freedom, following nations such as Hong Kong, US, UK and Germany in 2013. Georgia’s overall ranking has improved by “13 steps” since 2012, with improvements in six of the 10 economic freedoms, including management of public finance, investment freedom and property rights. Georgia is ranked 11th out of 43 countries in the European region, having achieved the most improved score in the whole of the 2013 index.

Georgia- A corruption-free environment Georgia continues to introduce robust measures which have effectively curtailed corruption, a major problem area for the country in the past. One of the world’s leading corruption watchdogs, Transparency International, ranks Georgia as the most effective non-EU, PSU member state in terms of fighting corruption.


Through the introduction of anti-corruption legislation and subsequent enforcement of the rule of law, much of the corruption has been eradicated. According to the Transparency International Global Corruption Barometer 2013, 0 per cent reported paying a bribe to the Tax Revenue service, 5 per cent to the police, 2 per cent to the Registry and Permit services and four per cent to the Judiciary system. The national average of four per cent is on par with Belgium and falls significantly below that of the US (7 per cent) and the UK (5 per cent).

While significant progress has been made in this area, further improvement can be achieved, and the administration is fully committed to strengthening its anti-corruption measures further, particularly in relation to the judiciary system. For example, reforms have already been discussed which would seek to deliver a justice system that is free of corruption and transparent at all levels.

Georgia- Foreign Direct InvestmentGeorgia has undertaken a number of institutional reforms aimed at modernising the economy and improving the business environment. Georgia already boasts the required preconditions to become a regional financial centre, covering the Caucasus, Central Asia, Eastern Europe, and CIS countries.

The liberalisation policy initiated in 2004 has been credited as one of the key drivers of Georgia’s economic progress and has directly resulted in the increase of foreign direct investment (“FDI”) into the country. Georgia has bilateral treaties on investment promotion and protection with 32 countries, and negotiations are already underway with a further 24 states.

FDI in 2010 stood at $814.5 million, increasing to $1,117.2 million in 2011 and then dropping to $911.6 million in 2012. After the government transition period in 2012, FDI flows are forecasted to increase in a stable manner. The sector which attracted most investment in 2012 was energy, with a share of 20%, followed by

manufacturing (18%) and finance (18%).

Georgia has significant potential in such major sectors, such as hydro power, tourism, manufacturing, regional service, logistics, and agriculture, all of which have the prospective to attract more capital from overseas. For instance, Georgia has a sizable hydroelectric capacity, a factor that has become an increasingly important component of its energy supplies and policies. The country’s topography and abundance of hydro resources provide it with the potential to be a dominant player in the hydroelectric markets in the wider Caucasus region.

The country’s rich heritage, scenery, diverse climate, natural mineral waters, enchanting protected areas and UNESCO heritage sites, allows Georgia to offer potential visitors year round tourist opportunities.

Furthermore, with over 21 micro-climates, which are perfect for farming, agriculture and the production of organic foods, Georgia is ripe with opportunities in the agribusiness sector.

Now is the right time to Invest in Georgia!

» HYDRO POWER

» REGIONAL LOGISTICS

» TOURISM

» MANUFACTURING

» AGRICULTURE

» REGIONAL SERVICE HUB


12 Invest in Georgia

HYDRO POWER


HYDRO POWER |


Energy efficiency is incorporated into European Union ascension targets and has significant potential to enhance Energy efficiency is incorporated into European Union ascension targets and has significant potential to enhance Georgia’s economic, environmental and social standing. Throughout recent years the generation of electricity Georgia’s economic, environmental and social standing. Throughout recent years the generation of electricity has become one of the top priorities for the country. A self-sufficient energy supply and infrastructure ensures has become one of the top priorities for the country. A self-sufficient energy supply and infrastructure ensures the safety and sustainable development of the country. Thus, the government of Georgia has shown constant the safety and sustainable development of the country. Thus, the government of Georgia has shown constant support and is actively involved in strategic power infrastructural projects, so escalating the energy security of support and is actively involved in strategic power infrastructural projects, so escalating the energy security of the country. Development of the hydro power sector will ensure reduction of energy import, increase of energy the country. Development of the hydro power sector will ensure reduction of energy import, increase of energy security, competitive energy tariffs, improvement of trade balance, and economic revival.security, competitive energy tariffs, improvement of trade balance, and economic revival.

Opportunities in hydro power development are based on both domestic and export demand. Domestic Opportunities in hydro power development are based on both domestic and export demand. Domestic demand on electricity supply is growing despite the global financial crisis. Huge demand on electricity export is a demand on electricity supply is growing despite the global financial crisis. Huge demand on electricity export is a result of Georgia having the lowest generation cost in the region (50% lower than in Turkey). Moreover, capacity result of Georgia having the lowest generation cost in the region (50% lower than in Turkey). Moreover, capacity for transmission of electricity to target markets is rapidly increasing, including in the construction of high-voltage for transmission of electricity to target markets is rapidly increasing, including in the construction of high-voltage transmission lines and multifunctional sub-stations. transmission lines and multifunctional sub-stations.

The key attraction of the hydro power sector in Georgia for foreign investors is the rapidly growing demand The key attraction of the hydro power sector in Georgia for foreign investors is the rapidly growing demand for electricity and a competitive generation cost and transmission capacity. In this regard, Georgia has the for electricity and a competitive generation cost and transmission capacity. In this regard, Georgia has the largest under-utilized hydro power generating potential in Europe, with only 35% of the total capacity currently largest under-utilized hydro power generating potential in Europe, with only 35% of the total capacity currently exploited. It is expected that production will increase notably over the next several years, generating new public exploited. It is expected that production will increase notably over the next several years, generating new public and private investments throughout the country.and private investments throughout the country.

NOW IS THE RIGHT TIME TO NOW IS THE RIGHT TIME TO INVEST IN GEORGIAINVEST IN GEORGIA

Explore Opportunities in Hydro Power

F


• Georgia has a rapidly growing demand and competitive generation and transmission costs

Expanding demand, Abundant natural resources,

Favorable investment schemes...


Adjaristsqali Georgia LLC6, I. Abashidze Street 6010 Batumi, Georgia

www.adjaristsqali.com e-mail: [email protected]

Who we are:Adjaristsqali Georgia LLC (AGL) is the special purpose vehicle (SPV) set up to develop the hydropower resources on the Adjaristsqali River and its tributaries. The Adjaristsqali project is developed in cooperation between Clean Energy Group, a Norwegian based hydropower company, Indian Tata Power and IFC InfraVentures, an early stage project developer launched by IFC, a member of the World Bank Group. The joint objective for Clean Energy Group, Tata Power and IFC is to develop the Adjaristsqali project as a sustainable project from an environmental, technical and economic point of view. The Adjaristskali project is a cascade hydropower project located on the Adjaristskali river and its tributaries. Up to four power stations are planned with up to 400 MW of installed capacity. At the moment, the first scheme- the Shuakhevi -comprising a 183 MW unit -is furthest advanced with construction expected to start in Autumn 2013.Investors plan to have the Shuakhevi project operational by the spring of 2016 and a second project- the 150 MW Koromkheti by spring 2018.

About Tata PowerTATA Power- an integrated power company is part of the Tata Group. The TATA Group, the largest Indian multinational diversified company- with its headquarters in Mumbai -was founded in 1868. Currently, it encompasses 100 companies in seven business sectors: communications and information technology, engineering, materials, services, energy, consumer products, and chemicals. The group operates in 80 countries worldwide. Every Tata company or enterprise operates independently. Each company has its own board of directors and shareholders, to whom it is answerable.

Message to InvestorsGeorgia has a favorable scheme for investment in hydro projects and an attractive investment climate in general. This, combined with the significant hydro potential in the country, makes it an attractive investment destination for any investor.The development of hydro projects can be a catalyst for economic growth through the provision of jobs, training, tax income and better infrastructure. For our company, sustainable and responsible project execution means ensuring that key stakeholders benefit from the projects in which they participate.

ADJARISTSQALI GEORGIA LLC

Today, the Georgian Industrial Group Holding (GIG) is the largest industrial holding in Georgia with a wide business portfolio that includes coal mining, energy generation, natural gas retail, real estate and a whole range of other sectors.

GIG adopted its current holding company structure based on 20 years of business development expertise. Since 2006, as a pure holding company, GIG Holding has invested in various industries, targeting value-added businesses with significant economic and social meaning for Georgia in both the short-term and long-run perspectives.

In the early 1990s, right after the collapse of the Soviet Union, full-scale deindustrialization began in newly independent Geor-gia, a process which resulted in a significant reduction in the country’s industrial capacity, especially in the heavy industry. Many factories and machines were dismantled, and many profes-sionals were dismissed. But a group of pioneers, with a strong belief in Georgia’s industrial potential, enthusiastically began to support downstream industries.

Comprised of a staff of nearly 5,000, the core of our success and operation is the common vision and devotion we share at GIG, as well as the effective portfolio management system the com-pany has implemented for stable growth.

In line with the strategic goal of maintaining leadership in its fo-cus areas and improving its presence as a nation-wide economic value, GIG has initiated investments through its development projects via the use of state-of-the-art technology, initiating up-grades to existing businesses, and constantly being on the look-out for new ideas.

The company also has ambitious plans and development strate-gies, especially in the energy, mining and real estate sectors. One of the most important concerns is IR activities, as we continue to move forward for greater success while investing in the future of Georgia.

Georgian Industrial Group HoldingGazapkhuli Str. 14

0177 Tbilisi, GeorgiaTel: (995 32) 221 01 87 (ext 155)

Fax: (995 32) 221 01 89 Website: www.gig.ge

Georgian Industrial Group Holding

• About 10% of power production is exported, and priority is to make Georgia an energy-producing country to supply the entire region


Cost-effective, Stable,

Powered to go further...



» The next section will introduce you to Georgia’s potential in Regional Logistics

GEORGIA'S HYDRO POWER SECTORencompasses a bounty of opportunities from growing domestic demand as well as from existing exportation

REGIONAL LOGISTICS


REGIONAL LOGISTICS |

Georgia is in a highly strategic location in that it serves as an entry gate to the Caucasus and Central Asia as well Georgia is in a highly strategic location in that it serves as an entry gate to the Caucasus and Central Asia as well as a stepping stone to the region. In total, the addressable flows relevant for transit through Georgia amount to as a stepping stone to the region. In total, the addressable flows relevant for transit through Georgia amount to about 126 million tons. In liquid bulk, the most relevant addressable flows are between the Caucasus and Europe about 126 million tons. In liquid bulk, the most relevant addressable flows are between the Caucasus and Europe and Central Asia and Europe. and Central Asia and Europe.

In dry bulk, the most relevant addressable flows are between Central Asia and Europe. In containers, the most In dry bulk, the most relevant addressable flows are between Central Asia and Europe. In containers, the most relevant addressable flows are between Central Asia and Europe. Answering this demand, Georgia’s existing relevant addressable flows are between Central Asia and Europe. Answering this demand, Georgia’s existing Transport Economy is already trans-shipment based: rail services and ports have trans-shipment ratios of 70%. Transport Economy is already trans-shipment based: rail services and ports have trans-shipment ratios of 70%.

Nevertheless, the market share of Georgia in addressable flows is still quite low - particularly in Central Asia. Nevertheless, the market share of Georgia in addressable flows is still quite low - particularly in Central Asia. This in turn translates into a latent demand for transit and logistics infrastructure in Georgia, particularly in dry This in turn translates into a latent demand for transit and logistics infrastructure in Georgia, particularly in dry bulk and containers.bulk and containers.



Explore Opportunities in Regional Logistics

Building,Renovating,Upgrading...



• Logistics accounted for around 5.8% of GDP in

2012 and about 3% of employment

• Georgia's strategic location gives potential benefit to the transport economy from large addressable transit flows, growing economies and landlocked resources


of new air companies and new routes. Between January 2012 and July 2013, eight new airlines began services to Tbilisi. These include Qatar Airways, Estonian Air, Aegean Airlines, Alitalia and UTAir in 2012, IsrAir, Air Onix and Al Naser Air-lines in 2013. Additionally, a local airline, Fly Georgia, was es-tablished in August 2012, and began scheduled flights at the beginning of 2013.

Airport traffic grew for the third consecutive year in 2012, with an impressive growth trend reaching 17% in 2010, 28% in 2011 and 15% in 2012. The first half numbers in 2013 also indicate significant growth- 16% -and this growth-rate is ex-pected to continue throughout the rest of the year with the announcement of new routes this summer. By the end of the year, nearly 1.5 million annual passengers are expected to pass through Tbilisi International Airport.

The Batumi international Airport project (opened in May 2007), became the second investment made by TAV Airports in Georgia. With its new runway, taxi route, apron and ter-minal building, Batumi International Airport became the first airport used jointly by Turkey and Georgia. This cooperation plays a significant role in the development of the region, as well as in reinforcing the strong ties between the two coun-tries.

TAV Georgia continues to move forward with new construc-tion and innovative environmental projects in order to pro-vide and maintain the best service quality at Tbilisi and Batumi International Airports.

Tbilisi International Airport 0158 Tbilisi, Georgia

Tel: (+995 32) 231 02 65www.tbilisiairport.com

www.facebook.com/tavgeorgia

TAV Georgia

ready to step up investment in Georgia

TAV Georgia, a subsidiary of TAV Airport Holding, is the op-erating company of Tbilisi and Batumi International Airports. TAV Airports was established as a joint venture between the Tepe and Akfen groups in 1997 with the objective to build and operate Istanbul Atatürk Airport. In 2012, the French company Aeroports de Paris acquired 38% of TAV Airports’ shares. Today, the company, along with Aeroports de Paris, has undertaken airport operations in Turkey, France, Saudi Arabia, Tunisia, Libya, Macedonia, Egypt, Jordan, Latvia, and Georgia. The partnership of these two global airport brands in managing and building airports will result in extensive know-how stemming from the operation of 37 airports serv-ing 180 million passengers around the world.

Tbilisi and Batumi International Airports have important and preferred places among TAV Holdings international projects. Located at the crossroads of Europe and Central Asia, Geor-gia is a bridge connecting several important economic re-gions. It is a key link and the shortest transit route between Western Europe and Central Asia.

Tbilisi International Airport is a product of modern tech-nology. The new passenger terminal provides 24/7 facilities including check-in services, 32 passport control points and three boarding bridges operating within a 25,000 square me-ter space.

Currently, there are 30 scheduled airlines, 200 weekly depar-tures, and direct connections flying to 40 destinations. Tbilisi International Airport has enjoyed constant growth as a result

Mete Erkal, TAV Georgia’s General Manager

“We believe in Georgia, that’s why TAV Georgia continues to invest in the infrastructural development of Tbilisi International Airport and of Georgian aviation. The construc-tion of the new runway project cost $64 million USD and the ex-tension of the terminal building will be achieved following the approval of the Georgian government”


• Road infrastructure is rapidly developing throughout Georgia

Poti Free Industrial Zone The First Free Industrial Zone (FIZ) in the Caucasus region lo-cated in the port city of Poti, Georgia has been fully operational since November, 2010. The Administrator and Organizer of the project is RAKIA GEORGIA FIZ LLC founded by RAK Invest-ment Authority (RAKIA), a government of the Ras Al Khaimah, U.A.E. nodal agency. The Poti FIZ project, covering a territory of 300 hectares, is situ-ated on the historic Silk Road connecting Europe with Asia. As the Poti FIZ is situated right next to the Poti port, it gives compa-nies the advantage of low cost for import and export due to the low local logistic/transportation cost. A further notable factor is that there are no taxes applicable in the Free Zone for import/export of raw materials and goods. Companies are also exempt from VAT, corporate profit and property taxes, as well as tax on dividends. The territory is well-connected to the railway system and highways joining the growing economies of the Caucasus region, Turkey and Central Asia. Poti, situated on the Black Sea coast, is the shortest way from East to Western European coun-tries and vice-versa.We offer all the benefits typical to other free zones of the world and some additional benefits specific to the Poti Free Zone:• 100% foreign ownership in the free zone• 100% capital and profit repatriation• Power supply at competitive rates (due to hydro-electric power generation)• Low land and facility leasing rates• Simple and easy registration proceduresDuring the recent period, Poti Free Industrial Zone has received an extremely positive response from investors from various countries such as Azerbaijan, Armenia, Ukraine, Iran, Turkey, UAE, Cyprus Republic, USA, India, and others, and already more than 250 companies have taken licenses to set-up businesses in the Poti FIZ. These investors represent a variety of sectors, such as fragrance manufacturing, rice processing, production of build-ing materials, manufacturing of ethanol, and general trading. And some of these companies have already started construction of their factories and units in the Poti FIZ. RAKIA Georgia FIZ LLC welcomes companies to Poti, Geor-gia, and invites them to experience its excellent conditions for manufacturing & commerce. For more information please visit our website: www.potifreezone.ge


• Georgian Railway concentrates on the further development of local shipping, and at the same time is able to capitalize on the main geopolitical asset of Georgia – transit potential

Who we are:

Trans Caucasus Terminals LLC (TCT), a full subsidiary of JSC Georgian Railway, was set up in 2009. Currently, the company operates two container terminals- one in Poti and another in Tbilisi.

TCT services:

Th e company off ers: integrated logistics services by rail/road in Georgia and to-door services; general cargo loading/dis-charging onto railcars; customs offi ce services; and bank out-let services. TCT also provides container transportation from Poti to Tbilisi terminals and, in Tbilisi, transportation direct to our clients’ doors.

In addition, apart from traditional services, the company also off ers some new services to its partners, in particular extradit-ing containers to Batumi port (terminal service) and extradit-ing from any country in the world via Batumi or Poti ports to any destination in Georgia.

TCT is also able to off er the transportation of liquid materi-als via containers, be it wine or chemicals, around the world.

In the short-term perspective, the company plans container extradition to Russia as hundreds of Georgian companies re-ceive permission to export wine there.

Trans-Caucasus Terminal plans to build a closed customs warehouse at the Tbilisi container terminal (logistics center). It is also a future aim of TCT to construct a terminal at Vale, the border city of Turkey and Georgia, and we are also con-sidering having our own container park, i.e. having universal containers which will be circulated around the world.

Message to Investors:

Levan Jgarkava, director I have a dream to transform my company into a well-known lo-gistics company overseas by 2020, shares of which will be placed on the world stock markets. In addi-tion, I plan that the company will have container terminals and logis-tics centers both in the Caucasus re-gion as well as in the countries sur-rounding the Caspian Sea.

TRANS CAUCASUS TERMINALS

N15 Tamar Mefi s Avenue,Tbilisi, Georgia

Phone: +995 32 214 99 05Email: [email protected]

WWW.TRANS.RAILWAY.GE

We strive to avoid a negative infl uence on nature by shipping containers by more ecological transport means – railway, and as such we support all green initiatives.


• Georgia's strategic location and latent demand for infrastructure offer enormous economic opportunities for direct GDP impact, economic integration, and trade facilitation

39 Invest in Georgia 201339 Invest in Georgia 201339 Invest in Georgia 2013

THINK GEORGIA- THINK LOCATION! Serving as an entry gate to the Caucasus and Central Asia, Georgia is a strategic stepping stone to the entire region.

» The next section will introduce you to Georgia’s potential as a Tourism Destination


TOURISM


The number of international visitors to Georgia has grown rapidly over recent years. In 2011, that number The number of international visitors to Georgia has grown rapidly over recent years. In 2011, that number reached 2,822,363, representing a 39% growth, and in 2012 the number of international travelers stood at reached 2,822,363, representing a 39% growth, and in 2012 the number of international travelers stood at 4,389,256, demonstrating a 56% increase over the previous year. Georgia already had 4,389,256, demonstrating a 56% increase over the previous year. Georgia already had ~4 million visitors during 4 million visitors during the period of January- September of 2013 - a 25% increase compared to previous year. the period of January- September of 2013 - a 25% increase compared to previous year.

Already-operational international hotel chains include Sheraton, Radisson, Marriot and Holiday Inn, with a Already-operational international hotel chains include Sheraton, Radisson, Marriot and Holiday Inn, with a number of others under construction such as Hilton, Intercontinental, Rixos, and Kempinski. With the increase number of others under construction such as Hilton, Intercontinental, Rixos, and Kempinski. With the increase in visitors, the medium-term demand is already outstripping the current supply.in visitors, the medium-term demand is already outstripping the current supply.

Distinctive among the world’s nations in its biodiversity, Georgia boasts rich natural and cultural resources Distinctive among the world’s nations in its biodiversity, Georgia boasts rich natural and cultural resources and is home to more than 12,000 historical and cultural monuments, four of which are included in the list of and is home to more than 12,000 historical and cultural monuments, four of which are included in the list of UNESCO World Heritage Sites. Tourists arriving to Georgia for a relaxing holiday can choose from 103 resorts UNESCO World Heritage Sites. Tourists arriving to Georgia for a relaxing holiday can choose from 103 resorts and visit any of the 2400 mineral waters springs... or simply head for the coast. Nature-lovers will be interested and visit any of the 2400 mineral waters springs... or simply head for the coast. Nature-lovers will be interested in exploring the eight national parks and 31 protected areas throughout Georgia. The winter resorts of Gudauri, in exploring the eight national parks and 31 protected areas throughout Georgia. The winter resorts of Gudauri, Bakuriani and Mestia offer skiers and holidaymakers an extraordinary winter and summer vacation. And for those Bakuriani and Mestia offer skiers and holidaymakers an extraordinary winter and summer vacation. And for those who enjoy gaming, Georgia can provide a high quality gaming experience equal to other world class gambling who enjoy gaming, Georgia can provide a high quality gaming experience equal to other world class gambling destinations- without the restrictive legislation such as exists in Russia, Ukraine, Turkey, Azerbaijan, Israel and destinations- without the restrictive legislation such as exists in Russia, Ukraine, Turkey, Azerbaijan, Israel and Kazakhstan which restricts people from enjoying gambling facilities.Kazakhstan which restricts people from enjoying gambling facilities.

Georgia offers a variety of investment opportunities in the tourism and hotel industry, including beach resorts, Georgia offers a variety of investment opportunities in the tourism and hotel industry, including beach resorts, winter-ski resorts, summer mountain resorts, mineral water and spa resorts, gaming facilities, cultural attractions winter-ski resorts, summer mountain resorts, mineral water and spa resorts, gaming facilities, cultural attractions and much, much more! and much, much more!

TOURISM |


Explore Opportunities in Tourism


Diverse,Inviting,Inspirational...



• Potential locations for beach resorts include

Batumi, Ureki, Kobuleti, and Anaklia


• The government is fully committed to the provision of basic infrastructure

Active, Challenging,Ecological...


• Potential locations for summer mountain resorts

include Mestia, Gudauri, Bakuriani, Goderdzi and

Kazbegi


• Potential locations for winter-ski resorts include Mestia, Gudauri, Bakuriani, and Goderdzi

Relaxing,Tranquil,

Romantic...


• Potential locations for the development of spa resorts

include Tskaltubo and Akhtala


• Georgia's majestic landscapes allow for a wide range of tourist activities such as camping, skiing, Heli-skiing, climbing, rafting, fishing, hiking, hunting, and more

Unique,Historical,

Educational...



• Georgia, as the cradle of wine, has a long tradition of wine-making. And the Qvevri is the most exotic part of the process...

All About Wine


Cheesy,Fruity,Fresh...



• Georgia is home to a variety of native

cheeses, coming from all corners of the

country


• International brand hotels Sheraton, Radisson, Marriot, and Holiday Inn are operational and ready for Georgia's hosting of the Youth Olympics in 2015

High-Standards,High-quality,

Growing demand...


• The number of visitors to Georgia increased by 38% in 2011- reaching 2.8 million, and by 56% in 2012- reaching 4.4 million

67 Invest in Georgia 20131, 26 May Square, 0171 Tbilisi, Georgia, T: +995 32 2020020, E: [email protected]


Our company owns and operates business and resort hotels around Georgia and we are always happy to host guests from all around the world- to serve them with exceptional service with the touch of iconic Georgian hospitality. Therefore, we will be glad to host all possible international investors, share our knowledge and experience, and al-ways support new initiatives, as once again we are inspired by the fact that what we do today in our business is directly contributing to our country’s development.

Valeri Chekheria, CEO

ADJARA GROUP HOSPITALITY

Adjara Group Hospitality is the fastest growing privately held owner and operator company in the Georgian hospitality industry.Since 2010 our growth has been both qualitative and quantitative as we continue to build our team of top industry talents and implement new initiatives and best practices from all around the world. We are inspired by the fact that all the projects that we do today in our business are directly contributing to the development of Georgia’s hospitality industry. Which is why we con-sistantly do our best to exceed our guests’ expectations, serve them with exceptional service, and provide limitless hospitality.

In the span of three years we have:• Opened and operated the full-service hotel Holiday Inn Tbilisi with 252 keys and the biggest hotel in Georgia by number of

rooms (December, 2010)• Founded and developed the fi rst Georgian Hotel Brand – Rooms Hotels, with its unique concept of interior design (Novem-

ber, 2011)• Opened and operated the fi rst project of Rooms Hotels – Rooms Hotel Kazbegi, a mountain design resort with 156 keys

(July, 2012)• Opened and operated Rooms Restaurant in Borjomi (October, 2012)• Founded new Destination Management Company – Limitless Hospitality (February, 2013)

In the pipeline for the next two years:• Opening of Rooms Hotel Tbilisi – a Design City Hotel with 110 keys (Q1, 2014)• Opening of Holiday Inn Batumi – a Resort hotel with 150 keys (Q3, 2014)• Opening of Rooms Hotel Borjomi – a Design hotel with 112 keys (Q2, 2015)

Since opening, Adjara Group Hospitality has aimed to-and continues to -set industry-leading standards through its accelerated growth, employee motivation and development.


• Due to new tourist routes which offer stop-offs, new maps, and an information hotline for tourists, it is now easier than ever to navigate and enjoy Georgia's capital - Tbilisi


» The next section will introduce you to Georgia's potential in Manufacturing Sector

GEORGIA'S TOURISM SECTORoffers a vast number of investment opportunities in a variety of directions to suit all four seasons: beach resorts, winter-ski resorts, mountain resorts, spa and health resorts, and also within the gaming business.

MANUFACTURING


Georgia’s natural advantage as a gateway between Europe and Asia provides many benefits to investors in the Georgia’s natural advantage as a gateway between Europe and Asia provides many benefits to investors in the manufacturing sector. In particular, Georgia offers competitive labor and energy costs, a logistics network, and a manufacturing sector. In particular, Georgia offers competitive labor and energy costs, a logistics network, and a business-friendly environment for serving the region, as well as numerous raw materials. Salaries in the industry business-friendly environment for serving the region, as well as numerous raw materials. Salaries in the industry are competitively low and, given the high level of unemployment in Georgia, are expected to remain so. are competitively low and, given the high level of unemployment in Georgia, are expected to remain so.

Manufacturing accounts for 11% of GDP and around 5% of employment. The food and metals industries Manufacturing accounts for 11% of GDP and around 5% of employment. The food and metals industries provide the largest industrial base for Georgia, while textile, transport equipment, and metals are the fastest provide the largest industrial base for Georgia, while textile, transport equipment, and metals are the fastest growing industries.growing industries.

By entering Georgia, companies can benefit from the growing regional market and further easy access to By entering Georgia, companies can benefit from the growing regional market and further easy access to 350 million markets with Free Trade Agreements. Within 24 hours, 84 million customers in six countries can be 350 million markets with Free Trade Agreements. Within 24 hours, 84 million customers in six countries can be reached and, in two days, 260 million in ten countries. reached and, in two days, 260 million in ten countries.

With the establishment of the Free Industrial Zones in Georgia there are new incentives and opportunities to With the establishment of the Free Industrial Zones in Georgia there are new incentives and opportunities to produce and export goods with a minimal tax burden because, in the FIZs, businesses are exempted from all tax produce and export goods with a minimal tax burden because, in the FIZs, businesses are exempted from all tax charges except Personal Income Tax.charges except Personal Income Tax.

The manufacturing sector poses opportunities in two main directions: The manufacturing sector poses opportunities in two main directions:

• The large import overhang of goods, that are not usually traded extensively between countries, provides • The large import overhang of goods, that are not usually traded extensively between countries, provides potential for regional import substitution in food processing, construction materials, household goods, potential for regional import substitution in food processing, construction materials, household goods, ceramic and glass products, packaging, and more. ceramic and glass products, packaging, and more.

• Georgia’s current advantages in terms of handling large trans-shipment flows, its business stability, low cost of • Georgia’s current advantages in terms of handling large trans-shipment flows, its business stability, low cost of power generation, and its existing raw materials and intermediate products provide opportunities for large power generation, and its existing raw materials and intermediate products provide opportunities for large industrial projects such as iron, steel and aluminum production, and more. industrial projects such as iron, steel and aluminum production, and more.

MANUFACTURING |



Explore Opportunities in Manufacturing

• The average monthly salary in the manufacturing sector is USD 400


Competitive costs,Abundant materials,

Free Trade incentives...


For Georgia, green growth means the opening of its rich natural capital to new business opportunities that drive economic growth and development, whilst simultaneously ensuring that these assets continue to provide the resources and environmental services on which our well-being relies.

AN ECO-INDUSTRIAL PARKA more concrete realization of the eco-cluster approach is the idea of creating an eco-industrial park in Georgia. In this concept, value is added to businesses when waste products, water and energy are recycled back into the system. The MoESD is committed to pursu-ing the idea of creating a cluster of companies that allows them to enjoy benefits not only through their physical proximity, but also via actual material flows. The underlying logic is to understand na-ture’s “production cycle” which never generates waste, but which is based on cycling nutrients and energy. New synergies for indus-trial collaboration can be the key to achieving the ambitious goal of creating an industry based on ecological principles.

THE GEORGIAN GOVERNMENT PROMOTES CLUS-TERS OF CLEAN ENERGY-BASED MANUFACTURINGThe Georgian government strongly supports the establishment of new industrial processing facilities as an integral part of its vision that a clean hydropower base can support entire clusters of clean energy demanding industries. New synergies for industrial collabo-ration can be key to achieving the ambitious goal of creating an environmentally sound industry.Georgia is well equipped to meet this challenge. The rich natural assets possessed by the country are a significant precondition to thinking beyond such limitations, as energy and freshwater, space facilities and workforce (ILO core conventions are ratified) are all available in sufficient amount. Besides which the country has favorable tax-free regimes, offering investors a dynamic business environment with the perfect prerequisites for growth and profit.

GEORGIA - FULL OF GREEN ALTERNATIVES

Be Green. Be Georgia.www.greengeorgia.ge

Message to Investors: Cengiz Ozkendir, Director of Ajara Textile

Our company’s main goal is to create more jobs and employ more local people. In addition, our chief mis-sion is to produce high-quality products that meet in-ternational standards. Because our clients include highly visible international brands like Puma and Adidas, we go through great pains to produce superior quality apparel cloth. Another goal of the company is to strengthen and increase capacity. With regard to the market, I can say that Georgia is the best place in terms of reliable tax policy– especially in the textile business. Georgia also of-fers low-cost labor, cheap land, low energy costs and preferential access to the EU market, all of which cre-ates a fertile environment for production.

Ajara TextileAjara Textile was set up in 2008 through Turkish invest-ments when an old tea factory was purchased and Ajara Textile established as a local subsidiary. In December of 2008, the company began producing three lines and rap-idly increased that number to nine. In 2011 Ajara Textile opened a second factory and plans to expand its busi-ness in 2014.

Ajara Textile produces apparel for internationally recog-nized brands such as Puma, Adidas and Nike. All prod-ucts are labeled “Made in Georgia.”

Currently, the factory employs more than 1200 people from neighboring villages and the number of employees is expected to rise to 2400 as a result of the future ex-pansion of the company.

Tbeti Street 3, Batumi, Georgia, Tel: +995 0422 25 05 23, e-mail: [email protected]

factory. This plant will produce women’s jeans trou-sers and will employ around 1,000 local residents. The plant will be officially opened in the coming month and will produce a new line of jeans-trousers. The company plans to expand its line of clothing in the future. Message to Investors: Tülin Canbuldu, Director of BTM Textile Our decision to enter the Georgian apparel market was very simple. Georgia’s low-cost labor market, as well as the country’s friendly business regulations, has proven to be very impressive and played a deci-sive role in our investment decision.

Georgia offers cheap energy costs, low bureaucracy and a stable economy. Another important advantage is the company’s base location. Adjara is in close proximity to the Turkish border, which is very con-venient. I think that our plant provides a good ex-ample of the extraordinarily quick surge of foreign investment that has taken place over the past few years in the Georgian economy.

We believe the Georgian government has worked hard to promote the apparel sector to foreign textile brands, especially with regard to assisting Turkish apparel giants to expand their networks in Georgia. In addition, the Georgian government offered vari-ous incentives to make our choice more alluring.

BTM TextileWho we are:

BTM Textile Ltd, a subsidiary company of the Turk-ish-owned ATK Textile Company, is one of the lead-ing textile companies in Turkey. In1980 the company bought a tea packing plant in the Khelvachauri Dis-trict in southwest Georgia, later converting it into an apparel production plant.

BTM Textile represents the biggest textile invest-ment in Georgia. Employing more than 1,000 peo-ple, the company contributes greatly to the devel-opment of Georgia’s textile industry. Its plant covers 150,000 square feet and is equipped with the latest modern mechanical equipment. The plant first oper-ated 10 production lines, but after 2008 that num-ber was increased to 18 lines. The company special-izes in ladies’ and children’s wear (trousers, blouses, dresses, shirts, etc). It also supplies high street Eu-ropean chains like the UK’s Marks & Spencer, Spain’s Zara and the Netherlands’ Mexx, as well as Holland’s Tommy Hilfiger.

The production line operates using a fully computer-ized system. Software developed in-house enables the quality of the product to be continuously moni-tored. All data is monitored by garment technologies and employees ensure its quality at all times. The Quality Assurance Department works on AQL 2.5.

In order to achieve product safety, BTM Textile im-plements a metal-free zone on the premises. There is also a product safety officer in charge of all broken needles, metal detectors and fusible procedures.

In addition, the company recently built a second tex-tile plant located near the Khelvachauri BTM textile

Daba Khelvachauri Agmashenebeli St. No 60

Batumi, GeorgiaTelephone: 0422 25 82 20

E-mail: [email protected]

Business-oriented,Creative,

Productive...

• By entering Georgia, companies can benefit from the growing

regional market and Import Tax-free access to 900 million markets

provided by FTAs and DCFTA



• Highly attractive Import Substitution opportunities can be found in food products, construction materials, household goods, ceramic and glass products, packaging materials, and more

HeidelbergCement in Georgia – A SHORT HISTORY OF DEVELOPMENT / EXPANSION

Since 2006 HeidelbergCement has been carrying out its activities in Georgia and up to date has made more than 200 million Euro investments that were mainly oriented on existing cement plants modernization and expansion in concrete business line. HeidelbergCement, that operates 3 cement plants in Kaspi and Rustavi, with total capacity of 2 million tons per year expanded in cement production in west of Georgia - in Poti and will invest for the new integrated cement plant in Kaspi. HeidelbergCement rapidly expanded in concrete business line as well and today it runs 8 concrete plants in Georgia. Process of investment in cement and concrete business line continues.

HeidelbergCement, as one of the biggest investors in Georgia is focusing on social, cultural and environmental projects implementation that underlines commitment of the company to the public welfare. HeidelbergCement's huge social project “TbilisiMarathon”, dedicated to charity and healthy lifestyle promotion is really a success story for the country as well. “TbilisiMarathon” is a major cultural change in Georgia that promotes country worldwide and at the same time develops truism.

HeidelbergCement is the global market leader in aggregates and a prominent player in the fields of cement, concrete and other downstream activities, making it one of the world’s largest manufacturers of building materials. The company employs some 52,500 people at 2,500 locations in more than 40 countries.

Jindal Petroleum (Georgia) Ltd, a subsidiary of Jindal Steel and Power Ltd., was set up in 2008 as a part of Jindal Steel and Power’s diversification drive. It is a company which has acquired seven Oil & Gas blocks worldwide including five in Georgia, one in Bolivia and one in India. Jindal Petroleum Georgia focuses on conduction oil and gas exploration and production and since May 2009, the company has been con-ducting exploration works in Georgia.

Exploration Block IX SHIDA KARTLI REGION License area 3 872 km2; Block X KAKHETI REGION License area 5 880 km2; Block XIII-A KVEMO KARTLI REGION License area 1 295,3 km2; Block VII-A SAMTSKHE JAVAKHETI REGION Li-cense area 6 010 km2 (100% Participating Interest); Explora-tion and Production Block XI-B Tbilisi and Rustavi suburbans GARDABANI & SAGAREJO Regions License area 635 km2 (100% Participating Interest).

In total, these five blocks have a recoverable reserve of 234 MMBBL of Crude Oil and 840 BCF of Gas. The company is operator for all the blocks and is currently producing about 550 bbl/day.

JPGL and Jindal Petroleum Operating Company is a part of the O.P Jindal Group, which is more than a US$ 18 billion multina-tional and multi-product conglomerate with business interests spanning Steel Manufacturing, Power Generation, Mining & Oil & Gas among others.

Jindal Petroleum GeorgiaTbilisi, Lilo stantion, #9 Chirnakhuli str.

Tel: 995 322 40-71-23

JINDAL PETROLEUM

New/Expansion Projects

Chhattisgarh: A 7 MTPA integrated steel plant in phases, a 2 MTPA ce-ment plant and a 1,600 MW captive power plant with a total investment of over US$ 7 billion is being set up at Raigarh.

Odisha: A 12.5 MTPA integrated steel plant is being planned at Angul. In addition to the existing 4.5 MTPA Pellet Plant, the company is setting up another 4.5 MTPA iron ore pelletisa-tion plant at Barbil.

Jharkhand: A 12 MTPA integrated steel plant with a total investment of US$ 10 billion. In the first phase, the company is setting up a 6 MTPA integrated steel plant and a 1,320 MW captive power plant at Patratu. Also, it plans to set up a 6 MTPA integrated steel plant at Asanboni and a 1,320 MW captive power plant at Godda.

One of the largest investors in Georgia. Invested over 150 MMUSD so far.

Portfolio comprises:

- 32.68 MMUSD as Signature Bonus for 5 Blocks- Up to 400 people in Georgia- One of the largest investors in Georgia- Over 150 MMUSD so far

Its obligation of delivery of Baseline Oil – Delivered 16,000 Tons of Baseline oil in 1st year and 3600 Tons in 1st quarter of 2nd Year apart from share of Profit Oil, Only Baseline Oil value approx. 15 mln USD (100 USD / BBL).

The company’s mission is to harness national and internation-al oil and gas opportunities for the country’s energy security and prosperity, with a commitment to health, safety and en-vironmental awareness whist maximizing each shareholder’s value.

Georgia has a favorable location from both a geological and an economical point of view, including: good quality of oil, comparatively shallow depths of wells and a comfortable in-frastructure for transportation and oil selling.

Manish Kharbanda Manish Kharbanda Beka OdishariaBeka OdishariaT.K. MajumderT.K. Majumder

Navin JindalNavin JindalChairman of Jindal GroupChairman of Jindal Group

Member of Parliamentember of Parliament


• Opportunities arising from Georgia’s large trans-shipment flows, low cost of electricity and resources include iron, steel and aluminum production

RUSTAVI METALLURGICAL PLANT

Who we areSince January 2012, Rustavi Metallurgical Plant has been un-der the management and ownership of Rustavi Steel LLC, a new legal entity the purpose of which is to revive the long and proud tradition of steel production in Rustavi which fi rst started in 1948. Th e factory annually produced 1.5 million tons of steel and was the largest producer in the South Cau-casus. Aft er the collapse of the Soviet Union, supplies of raw material and relations with consumers were curtailed and the plant ceased functioning in 1993. Th e new team of managers of Rustavi Steel LLC chose a course towards large-scale re-construction and the development of a modern steel-casting enterprise, which will produce a high quality output.

Products and Sales GeographyAt present, the factory successfully functions and produces reinforcing bars, seamless pipes, square billets, pig-iron, met-al constructions, spare parts and various by-products which are sold within Georgia, in neighboring countries and also in many countries of the EU, Asia and Africa.

Business DirectionsAt present we work in three directions. First – steel produc-tion through the re-melting of scrap metal in electric furnac-es. Production in this direction has increased: in 2011, 36,000 tons of steel was melted; in 2012 this amount was 78,000 tons and in 2013 we plan to produce 100,000 tons. By the end of 2014 we plan to reach capacity levels of 250,000 thousand tons of steel melting from scrap metal.

Th e second direction is restoration of a Pipe Rolling Mill where seamless pipes are produced for use in engineering, construction and in the oil and gas industry. Such production was suspended for a long time until, in 2012, 8,000 tons of seamless pipes were produced. Th is year we plan to reach up to 40,000 tons, and next year – up to 100,000 tons. Th e actual Pipe Mill capacity is 360,000 tons of seamless pipes of large di-ameter per year, but for this major modernization is required.

Th e third direction of our work, which is very important in the restoration process, is the restart of the Sinter Plant and Blast Furnace Complex for production of 750,000 tons of pig iron per year, which we mostly plan to export at the initial stage. At present we are negotiating with Dashkesan iron ore mines in Azerbaijan in order to mutually consider restarting production.

International Certifi cationTh e Rustavi Metallurgical Plant operates according to inter-national standards and is certifi ed by authorized international organizations. Th e plant’s strategy for quality control is ori-ented towards satisfying its customers’ requirements and es-tablishing trust in the plant’s products.

Th e plant is certifi ed according to ISO 9001 standards and has API (American Petroleum Institute) certifi cation for the production of seamless pipes. Certifi cation for the European Market, CE (Conformite Europeenne), has also been received from TUV NORD. Also, the plant has GOST 632, GOST 633 and GOST 8731 certifi cation for the production of seamless pipes and rebar according to Russian standards, and DSTU 3760:2006 certifi cation for the production of rebar according to Ukrainian standards.

Rustavi Steel LLC12 Gagarini Str., 3700 Rustavi, Georgia

Tel.: +995 32 2 606699 Fax: +995 32 2 606699 (3030)[email protected] www.rmp.ge


» The next section will introduce you to Georgia's potential in Agriculture

GEORGIA'S MANUFACTURING SECTORprovides opportunities for regional import substitution and large industrial projects

AGRICULTURE



AGRICULTURE |


Georgia has over 21 micro-climates varying from cool and dry to warm and humid. These diversified Georgia has over 21 micro-climates varying from cool and dry to warm and humid. These diversified microclimates allow for a longer than normal harvesting season and a wide range of growing conditions.microclimates allow for a longer than normal harvesting season and a wide range of growing conditions.

Agriculture and agribusiness account for 8.4% of the GDP, 17% of trade volume and 53% of employment. Agriculture and agribusiness account for 8.4% of the GDP, 17% of trade volume and 53% of employment. Georgia is reliant on processed food imports (12.1% of total imports), while export is balanced between fresh Georgia is reliant on processed food imports (12.1% of total imports), while export is balanced between fresh and processed (9.4% and 10.5% respectively). The average gross monthly salary in the agricultural sector is USD and processed (9.4% and 10.5% respectively). The average gross monthly salary in the agricultural sector is USD 220 and salary growth is moderate due to high unemployment in the country.220 and salary growth is moderate due to high unemployment in the country.

Georgia as an agrarian-oriented country has a significant rural population. However, as in many other transition Georgia as an agrarian-oriented country has a significant rural population. However, as in many other transition countries, agriculture in Georgia is usually termed as subsistence farming and the majority of farmers only have countries, agriculture in Georgia is usually termed as subsistence farming and the majority of farmers only have small parcels of farmland. Nevertheless, the agriculture sector is well diversified, with its export strengths being small parcels of farmland. Nevertheless, the agriculture sector is well diversified, with its export strengths being nuts, fruits, wine, and livestock.nuts, fruits, wine, and livestock.

Georgian agriculture is in a period of transformation, which creates a vast number of investment opportunities: Georgian agriculture is in a period of transformation, which creates a vast number of investment opportunities:

• Import Substitution Opportunities – meat, dairy products, onions, potatoes, and more.• Import Substitution Opportunities – meat, dairy products, onions, potatoes, and more.• Export Opportunities – traditional strong sub-sectors like wine, walnuts, hazelnuts, lamb (meat), and more.• Export Opportunities – traditional strong sub-sectors like wine, walnuts, hazelnuts, lamb (meat), and more.• Productivity Gain Opportunities – tomatoes, apples, cucumbers, stone fruits, citrus, and more.• Productivity Gain Opportunities – tomatoes, apples, cucumbers, stone fruits, citrus, and more.

Explore Opportunities in Agriculture

Diverse,Organic,Expandable...


• Georgia offers pure, rich and pesticide-free soils - ideal for

organic production


• Import Substitution Opportunities - in 2012 the sector trade balance was 762 million and the deficit is continuing to widen


Low labour costs,Clean soil,

Untapped potential...

Lilo Brewery, Kakheti HighwayTbilisi, Georgia, 0151

Tel: 577652269E-mail: [email protected]

Castel Georgia

Who we are:

Castel Georgia’s beer and soft drink products have been available on the local market since 1997 when Castel, a well-known French wine, beer and soft drinks group, decided to enter the Georgian market. The Castel Group invested a large amount of capital in the construction of the Lilo beer factory, which was furnished with modern state-of- the-art production equipment. At the time, this move represented the largest 100% foreign investment within the Georgian business community. The company’s strategy has been and will continue to be providing Georgian customers with high-quality services and products.

There are currently 250 people employed at the beer fac-tory. The company produces Georgian beer, while taking into consideration the German experience. The Castel Group uti-lizes modern technology during the production process and adheres to the implementation of European standards, while simultaneously maintaining historical traditions.

Castel Georgia’s turnover is approximately 20 million litres per year. However, the company plans to double this figure in the coming years.

Today, the company controls 20% of the local market and is now focused on Georgian consumers. That said, the com-pany is currently also eyeing opportunities to launch exports.

One of the main advantages of the company is that during

production, it uses only the highest quality raw materials and utilizes the latest contemporary technology. Castel Georgia uses unique spring water and natural ingredients which adds a special quality to the company’s products.

The company’s plant bottles beer under the following trade-marks –Argo, Herzogi, Germanuli, Argo Export and Castel Beer. Castel also produces soft drinks under the trademark name Zandukeli.

Message to Investors Temur Chkonia

The company’s mission is to further strengthen its position on the local market. Be it premium beers like Castel Argo and Castel Herzogi, or the more simple Germanuli beer (one of the most popular brands on the Georgian market), the com-pany always strives to meet the demands of its consumers. The Castel management has made great efforts in this regard and will continue do its best to achieve this goal.

The Castel Group is comprised of a strong team-oriented group of foreign experts from Germany and the Czech Re-public who assist Georgian specialists in the production of high-quality products that are on par with international standards. Their extensive experience also helps to ensure and maintain the image of our beer and soft drink products as a reliable brand with a strong image in the beverage business.


• Georgia has a rich tradition of viticulture, as well as in fruits, nuts, and tea production- but there are also dozens of other products that, with the right investment, can be produced and exported too

• Given that starting points are relatively low, productivity gain potentials are significant across a broad range of crops and livestock


In 1994, the joint-stock company “Rektifi kati”- later renamed the JSC GOMI SPIRIT AND VODKA COMPANY -was founded by Dima Dugladze and Malkhaz Kanchaveli (who is the current CEO of the com-pany) in Gomi village in the Khashuri region of Georgia. Since that time, the company has focused on building sustainable growth by adhering to the core values and business principles that are the cornerstone to corporate philosophy.

Today, with exclusive emphasis on quality, the company is a Leading Alcoholic Beverage manufacturing company in Georgia, having achieved success through commitment to sto-ried brands, to its consumers, and to local communities.

Th e Gomi factory started operations in 1903 using raw material: wheat, bread, maize, and oats. During this period, the production of the factory did not exceed 150 – 200 L per 24 hours.

From 1950, the factory started using sugar beet nectar (melasa) in order to produce its spirits, and the produc-tion volume of the factory increased to 500 D/L. In the years following this change, this quantity increased to 1500 D/L per 24 hours. During the period, leading up to 1997, the facto-

ry focussed only on sugar beet nectar (melasa) and Chacha raw spirit pro-duction.

In 1997, the factory was completely reconstructed and diff erent kinds of construction-montage activities were carried out. Th e previous system of two permanent-action four-block spirit producing machines (able to produce 1800-2000 D/L in 24 hours), was completely changed – with the usage of new technologies greatly fa-cilitating the automated operation of the equipment.

Taking into consideration the experi-ence of CIS and European factories, a new modern technology scheme was utilized, which enabled the Gomi factory to produce high quality wheat spirits.

Th e adoption of best practices and world-class technologies has ena-bled the company to ensure the best product quality. For over 100 years, the company has been internation-ally recognized for its outstanding performance and confi rmation of its high quality products and services can be found in the many prizes and awards kept in the company’s collec-tion, such as the gold and silver med-als awarded to the Gomi Spirit and Vodka Company at various interna-tional exhibitions.

Gomi, Khashuri Region, Georgia. Tel: 260 12 21; 261 01 31. E-mail: info@fb d.ge


• Some advantages specific to Georgia include good growing conditions, low investment requirements and low-cost labor

Georgia's Agriculture - organic

production

Who we are:

The company TR Georgia Project 2 LLC was established in 2011. It owns more than 6,000 hectares of agricultural land near the village of Iormuganlo in the Kakheti region.

The mission of TR Georgia Project 2 is to increase the com-petitiveness of the agricultural sector within international and local markets through the synergy of people, materials and the latest high-tech equipment.

In 2013, the company carried out the sowing of wheat, corn, barley, colza, soya, pomegranate, and the best variety of pis-tachios and hazelnuts, as well as high quality vineyards. The company owns and utilizes the latest high-tech equipment in-cluding John Deere tractors, a full technological line for raw and cereal cultures, a center-pivot irrigation system, and a stationary irrigation system.

In the coming years, the company plans to set up the follow-ing factories– a grain dryer and grain storage factory, as well as a forage-processing plant, a poultry farm complex, a meat

TR Company

TR CompanyPaliashvili St. 85, 5th floor

Tbilisi, Georgia, 0162Tel: +995 32 2 907 505/905

E-mail: [email protected]

and dairy production plant, a fertilizer manufacturing plant, a greenhouse for a variety of vegetables (cucumber, tomato, pepper, etc) and a modern irrigation system for the irrigation of more than 5,000 hectares of land.

Message to Investors: TR Georgia

TRGP2 is an agro-industrial company that produces wheat, barley, soya, pomegranate, pistachios and vineyards. TRGP2 is now in the process of installing three important structures: a seeding factory, a feed mill and a cleaning and drying factory. In the future, the company plans to expand its scope of activity and is planning to build a fertilizer factory, set up greenhouses and a poutlry farm, and meat and dairy producing factories.

Hipp entered the Georgian market in 2007 on the initiative of the Managing Director, Mr. Hipp entered the Georgian market in 2007 on the initiative of the Managing Director, Mr. Claus Hipp. Since 2005, and prior to the official launch of “Hipp Georgia,” the company Claus Hipp. Since 2005, and prior to the official launch of “Hipp Georgia,” the company carried out intensive research within the Georgian market and studied the possibilities of carried out intensive research within the Georgian market and studied the possibilities of developing bio-agricultural production in different regions of the country. The director of developing bio-agricultural production in different regions of the country. The director of Hipp Georgia, a Georgian himself, Mr. Archil Zhvania, was appointed from the staff of Hipp Hipp Georgia, a Georgian himself, Mr. Archil Zhvania, was appointed from the staff of Hipp in Germany and he himself structured the management of the company. The number of in Germany and he himself structured the management of the company. The number of employees currently amounts to 200 people. The present focus of Hipp Georgia is the employees currently amounts to 200 people. The present focus of Hipp Georgia is the production of bio and conventional apple concentrate juice. production of bio and conventional apple concentrate juice.

WHY HIPP INVESTED IN GEORGIAWHY HIPP INVESTED IN GEORGIAMr. Claus Hipp is a great friend and supporter of Georgia. His first association with the Mr. Claus Hipp is a great friend and supporter of Georgia. His first association with the country occurred in 1998 and was connected to the field of art. But it was his love of the country occurred in 1998 and was connected to the field of art. But it was his love of the natural environment, the liberal attitude towards business, a simplified tax system and the natural environment, the liberal attitude towards business, a simplified tax system and the simplicity of export / import procedures that were the main incentives for Mr. Hipp when simplicity of export / import procedures that were the main incentives for Mr. Hipp when he decided to invest in Georgia.he decided to invest in Georgia.

» The next section will introduce you to Georgia’s potential as a Regional Service Hub

GEORGIA'S AGRICULTURE SECTORcan embrace import substitution, exports, and productivity gain opportunities


A REGIONAL SERVICE HUB


REGIONAL SERVICE HUB |

One of the highest growing sectors in the world is the service sector and its various pillars. For each region One of the highest growing sectors in the world is the service sector and its various pillars. For each region access to financial, consultancy and healthcare services, as well as to shopping centers, is of vital importance. In access to financial, consultancy and healthcare services, as well as to shopping centers, is of vital importance. In practice, it is of course impossible to have service centers in every country, which is why establishing regional practice, it is of course impossible to have service centers in every country, which is why establishing regional hubs is the most efficient solution. For this region- which covers the Caucasus, Central Asia and Eastern Europe, hubs is the most efficient solution. For this region- which covers the Caucasus, Central Asia and Eastern Europe, as well as a number of other CIS countries -Georgia is the best option for the status of Regional Service Hub from as well as a number of other CIS countries -Georgia is the best option for the status of Regional Service Hub from the perspective of its location, attractiveness for FDIs, and readiness.the perspective of its location, attractiveness for FDIs, and readiness. There is a clear opportunity to position Tbilisi as a financial center covering the Caucasus, Western Asia and There is a clear opportunity to position Tbilisi as a financial center covering the Caucasus, Western Asia and Eastern Europe for wholesale banking, regional headquarters, multiservice hub, and capital markets. Eastern Europe for wholesale banking, regional headquarters, multiservice hub, and capital markets. The dramatic growth in the number of visitors, and strategic geography, both provide new investment The dramatic growth in the number of visitors, and strategic geography, both provide new investment opportunities to transform Georgia into a wholesale/retail regional hub and to establish destination shopping malls opportunities to transform Georgia into a wholesale/retail regional hub and to establish destination shopping malls in Tbilisi and Batumi. The atmosphere, architecture, music, décor, raw materials and unique experiences available in Tbilisi and Batumi. The atmosphere, architecture, music, décor, raw materials and unique experiences available offer huge potential in the development of local shopping tourism by providing leisure, food and beverages, retail offer huge potential in the development of local shopping tourism by providing leisure, food and beverages, retail services and transport.services and transport. The vision of the government is to develop a regional healthcare hub in Georgia by leveraging its high traffic The vision of the government is to develop a regional healthcare hub in Georgia by leveraging its high traffic for foreign tourists and its existing qualified low-cost physicians. There is also a latent opportunity to transform for foreign tourists and its existing qualified low-cost physicians. There is also a latent opportunity to transform Georgia into a regional BPO hub serving EU markets. Georgia into a regional BPO hub serving EU markets.



Explore Opportunities of Georgia as a Regional Service Hub


• The low-labor cost, deep talent pool, engaged workforce, and expanding career models are key drives to boosting the process of establishing Georgia as a center for EU/global core competencies

• The Financial Service Sector has grown by19% since 2009 and is the leading service sub-sector for FDI attraction, accounting for18% of the total inflow in 2012


Liberal,De-regulated,

Positoned for more...

• There is a clear opportunity to position Tbilisi as a financial center for the Caucasus, Western Asia and Eastern Europe

An Investor-friendly economy...



• Consultancy services attracted 4.3% of the total FDI inflow in 2012

The Iberia Business Group is the largest automotive holding in Georgia. IBG imports and sells brand new cars and pro-vides all services related to vehicle exploitation. The holding was established in 1999 and by 2001 had already become a united powerful trade-industrial holding. IBG is an official rep-resentative of the following automotive brands: Volkswagen, Audi, Skoda Auto, Mitsubishi Motors, Peugeot, Kia Motors and Renault. All of the showrooms and service centers are situated on David Agmashenebeli Alley where the majority of automotive brand centers are located. Volkswagen, Audi and Skoda Auto make up part of the Volk-swagen Group - a German automobile manufacturing group.

Iberia Business Group is an authorized dealer of Kia Motors in Georgia. The company has operated on the Georgian market since 2008.

Mitsubishi Motors - one of the leading Japanese brands is also a member of IBG Holding. The Holding is an official repre-sentative of two French brands: Peugeot and Renault.

IBG also comprises ITA - a spare parts and auto service center. ITA provides service to vehicles of any brand and is an official representative of successful, world famous companies such as: Mobil, Pirelli, A-mega, Banner, Febi Bilstein, and others.Iberia Business Group also offers a program called ‘Trade In’ which involves exchanging a used car of any brand while buy-ing a new car and paying only the difference between the prices of the two.

Head Office:12th Km. David Agmashenebeli Alley.

Tbilisi, Georgia.+995 32 253 21 11 www.ibg.ge

Iberia Business Group. The Largest Automotive Holding in Georgia.

• Georgia can very quickly become a transaction center primarily for Western European markets, and in a more medium term for the EU and Global Markets

Strategic location,Investor-friendly,

Market-oriented...



Who we are:

Construction company AS Georgia LTD was set up by the Azerbaijani AS Group Investment in 2011. It started to imple-ment a large scale project entitled Dirsi in 2012.

AS Group Investment, =, was established in 2003, uniting several construction enterprises aiming to perform full cycle works: starting from the extraction of raw materials and the production of construction materials to the commissioning of completed construction sites. The company has been devel-oped dynamically throughout its 10 years, maintaining previ-ous projects and thereby implementing the best of modern developments. After researching the Georgian real estate market, the company decided to set up a daughter company and construct the largest residential complex in the South Caucasus.

Residential complex Dirsi includes: 22 buildings with 5,228 renovated apartments; parking space and garages for 4,800 cars; sports facilities; schools; kindergartens; one medical center; shopping centers; and an entertainment park.

Dirsi- a large-scale project located between Cholokashvili Street and the Mtkvari River in Tbilisi -offers clients a beauti-ful residential area spread over 20 hectares of land. We have been developing the Dirsi concept according to market de-mand and consumer wishes. To meet the demand of our cus-tomers, the apartments come equipped with modern bath-rooms, Italian kitchen appliances and central heating systems, with internet, telephone and television cables- a resident need only bring furniture!

The uniqueness of the Dirsi project is that households within the complex will have all comfort in one place. The main prin-ciple of architectural design for the residential complex was to select an open space, which is a prerequisite for a healthy living environment. For this purpose, crucial importance was given to a green zone which is three times larger than the required standards. A pedestrian path is specifically planned to be child-friendly and ensures that, from any residential block, pupils will not need to cross a road to get to school. It really provides the highest security guarantees.

In addition, one of the major architectural decisions is that there be a minimum 30 meter distance between each building enabling natural lighting, isolation and ventilation so that every-thing required for a healthy lifestyle is ensured.

The construction is being carried out in two stages and is be-ing implememnted in two phases. The first part of the con-struction will be finished by the end of 2014 and 11 residential blocks will be put into operation. The whole project with its own infrastructure will be completed in 2016.

Mission

The company’s mission is to make available a convenient futur-istic building complex to last centuries, while respecting tradi-tion and using the latest technologies. In order to build a life for the future generations, we have tried to establish a new vision and a new attitude towards the environment which helps to ensure health, success and growth of living standards.


Our goals are to be a leader in the construction market. Of-fering high quality apartments and facilities to Georgian clients where every resident will live in a comfortable home is our mission and a big ambitious plan. We aim to attract the best employees, and to keep our company as the best place for improvement and self-realization. We continuously work to improve the level of satisfaction of our customers by providing an excellent service of the highest quality.

Between K. Cholokashvili str. & the river Mtkvari, Tbilisi, Georgia

Tel.: 995 32 274 04 04E-mail: [email protected]

AS Georgia

• The benefits of destination mega-mall development projects includes a solid retail value proposition, retail brand cluster growth, and a guarantee of prolongued consumer visits- leading to higher purchase potential


• Solid infrastructure within the retail and hospitality sector translates into a clear opportunity to position Georgia as a regional retail destination


• The four service pillars of Georgia include: regional headquarters, wholesale banking, capital markets, and multiservice hub


INSTA

Who we are

Insta is a major electrical engineering and installations com-pany operating on the Georgian market. It was founded in 1998 at a time when the country was marred by daily power cuts. With the old Soviet systems failing, and cheap products and services of poor quality filling the market, Insta realized that the only way to be successful in the long term, was to invest in prime quality and to thrive in accordance to inter-national norms and engineering standards. Early connections with major German and other European companies, as well as regular training courses for its staff, helped us to cement this approach.

In addition to engineering, consulting and installation services, Insta recently expanded its business by building a modern lo-gistics center and opening several shops in Tbilisi in order to efficiently address the demand for high-quality electrical in-stallation materials, spare parts, cables and the like. Insta also operates a specialized electrical enclosures and switchboard assembly line.

A major convenience is the professional and timely on-site support for finished work, as well as the limited warranty for all sold products.

Head Office8 Zakariadze Street , 0177 Tbilisi

Tel: +(995 32) 220-20-20E-mail: [email protected], [email protected]

Web: www.insta.ge

Main fields of expertise:

Engineering & Installation of• Low Voltage • Medium Voltage • Fire Alarm Systems • Building Management Systems & Industrial Automation Solutions• Networks & Telecommunication Systems • Emergency Power Systems & Uninterruptible Power Supply Solutions

Insta’s partners are industry-leading companies such as Ea-ton, Siemens, Jung, Lapp-Kabel, Mennekes, Schneider Elec-tric, Phoenix Contact, TYCO Electronics, and RZB.

Brand and Values

With rapidly changing markets, staying flexible while main-taining growth is essential when addressing the demands of customers from different industries and backgrounds.

That’s why, for us, our employees are at the heart of our company. They systematically attend training courses and certification procedures organized by our partners, which helps us stay at the cutting-edge of industry developments and ensures total peace of mind to our customers when of-fering services and products. With a strong team of over 100 professionals, this commitment stays as integral to our com-pany as it was from the very first day we started.

As a result, Insta has become a well-known brand for local industry insiders and the first company to turn to when ex-pertise and quality is required.

Constructing,Renovating,

Modernizing...


• Batumi and Tbilisi can offer established tourist destinations, accomodating up to 80% of the foreign tourist traffic in Georgia,

and already being accessible through existing international

airports, a railway, and a major transportational highway

• Seaside city Batumi and capital city Tbilisi can be viewed as the locations with the most potential for the construction and development of mega-malls


Who we are:

Anagi LLC is a construction company off ering a full pack-age of project-construction works: construction of residen-tial complexes, hotels, public places, manufacturing and civil buildings, as well as the management of construction projects and project activities including design, decoration and fi n-ishing works. We also deal in the production of construction designs and manufacturing including the manufacturing of monolithic concrete, reinforced concrete, metal, carpentry, metal-plastic, aluminum, partition and small wall blocks.

Having been on the market for 24 years, Anagi has won many international and local awards including the 2011 Tbilisi Ar-chitecture Service’s Award for Special Contribution in the Reconstruction of Batumi Art Center, and the 2011 Adjara Builders and Developers Association’s Award for the Best Em-ployer Construction Company of the Year.

Currently, Anagi has already completed 77 projects. Th e com-pany has two factories and 83 machinery units throughout Georgia. At present we have around 10 projects in progress. Anagi has 156 clients, among them 130 local and 26 foreign. Th ese include: Marina Coliseum; CBD Development; Tours-invest; Coca Cola; Ministry of Finance of Georgia; National Bureau of Enforcement; Bank of Georgia; Bank of TBC; Cartu bank; Patriarchate of Georgia; Poti Sea Port; Tbilisi Interna-tional Airport and Tbilisi Development Fund.

Anagi’s advantages are: Accomplishment of all contract terms and conditions on time, perfectly and of high quality; stabil-ity, reliability and professionalism; a high level service; an attentive and caring attitude towards the wishes and require-ments of clients; experienced and qualifi ed specialists; strong material-technical and manufacturing base equipped with modern machinery; construction using modern technologies; and provision of effi cient and diversifi ed services in order to guarantee comfortable conditions for the client.

Message to Investors

With the 1200 skilled and qualifi ed personnel, including ad-ministration, engineering-technical personnel and workers, our company off ers clients high-quality service in construc-tion, project design, production of construction materials and construction equipment services. We accept any fi nancing schedule, including fi nancing without any advance payment in case of appropriate guarantees. If the project is fi nanced with advance payment, we issue relevant guarantees, making cooperation with us comfortable and secure.

In addition, the company’s quality assurance and control sys-tem is based on ISO 9001:2008 which means that all materials and products used in construction are high-quality and labo-ratory tested.

Batumi Offi ce Address: 42/5, Vazha Pshavela Street, Offi ce 5, Batumi 6009, Georgia

Tel: 995 (422) 27 41 39; Fax: 995 (422) 27 06 12E-mail: offi [email protected]: www.anagi.ge

Tbilisi Offi ce Address: 3, Vazha Pshavela Avenue, Offi ce 9, Tbilisi, 0160, GeorgiaTel: 995 (32) 237 94 00; Fax: 995 (32) 237 94 00; E-mail: [email protected] Offi ce Address: 4

Piazza, Batumi Hotel Hilton, Batumi

Improving,Equipping,

Educating...


• The FDI inflow in healthcare and social work has increased

to 146% since 2007, and accounts for 2.6% of the FDI

in 2012


• Imagine Georgia as a regional healthcare hub- its potential lies in leveraging the high flow of foreign tourists and the existing qualified low-cost physicians


Multi-purpose,Multi-functional,

Multi-directional...


Georgia has latent opportunities which can be capitalized in it becoming a Regional Service Hub and the destination-of-choice for shopping and service centers as well as for financial services and headquarters.

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