A free industrial zone Technological Park will be established in Tbilisi. According to the government’s decree, the industrial zone will be built on 17 hectares in the Gldani district. The FIZ validity period is 49 years. Administrator of the industrial zone will be "Georgia Technology Park Ltd". The new industrial zone should be put into operation no later than November 30. FIZ operator is obliged to ensure the conditions necessary for the zone’s functioning.
According to the government's decree, until February 2016, the zone operator "Georgia technology Park Ltd" is obliged tosubmit the FIZ development plan to the Ministry of Economy .
BiTfury investment company announced about the arrangement of the technological mega center in Gldani this summer. BiTfury purchased 185 000 square meters of land in the Gldani district from the National Agency . BiTfury is the first company that has acquired a land in the technology park where it will build a mega data center which will work with the latest technologies. BiTfury CEO Valery Vavilov says that they are pleased to launch a new project in Georgia which involves a new technological zone in order to attract the modern players to the technology sector, as well as to build a mega-data center.
He notes that the decision to invest was taken considering the company's past experience in Georgia. BiTfury already owns a data center in Gori, which was implemented jointly with the Georgian Co-investment Fund.
At this stage the free industrial zones are operating in Kutaisi and Poti. The government also announced the creation of an industrial zone in Anaklia .
Source:commersant.ge |
November 09, 2015
