Batumi Business Tour

Batumi is an administrative center of Ajara Autonomous Republic. Batumi serves as an important port and a commercial center. It is situated in a subtropical zone, rich in agricultural produce such as citrus fruit and tea.

While industries of the city include shipbuilding, food processing, and light manufacturing, most of its economy revolves around tourism.

Since 2010, the face of the city has been transformed by the construction of new high-rise landmark buildings and the renovation of the Old Town.

 

TOURISM

  • Tourism is one of the priority sectors in Ajara with its high potential in the economy (33% of the total investments)
  • Diverse nature offering wide varieties of tourism activities all year round
  • Rapidly developing hospitality infrastructure
  • International hotel brands represented in Ajara
  • Intensive promotion of the region as all-year round tourist destination
  • No license for operating a company in the tourism sector
  • No license fee for opening casinos in hotels with more than 100 rooms
  • No VAT on the revenue received from incoming tourists
  • 18 new high class hotels will be opened in Ajara by 2020

 

AGRICULTURE

Land for agricultural purposes in Ajara, due to its mountainous terrain, covers 72 862 ha, which is about 25% of its territory.

AGRICULTURE

Sourse: Ajara investment portal

 

Advantages of Agricultural Sector in Ajara:

  • Favourable trade regimes
  • Competitive labour force
  • Fertile soil and diverse climate conditions

 

 

ENERGY

There are 5 hydro power plants in Ajara operating under the license of the Georgian National Commission on Energy Regulation. Their overall capacity is 22.2 thousand kilowatts/hour and annual energy generation is 28.5 million kilowatts/hour which is only 0.8% of the whole potential of Georgia.

 

Hydro Power Potential of Ajara

According to experts’ calculations, the potential annual capacity of Ajara is 1000 megawatts, which generates 8760 million kilowatts/hour. During the last 20 years, 50-92 million kilowatts/hour was generated annually, which is only 1% of its potential.

 

TRANSPORT

Georgia with its strategic location creates natural logistic bridge between Caucasus and Central Asia.
The transport infrastructure in Ajara is a critical part of the country’s logistic infrastructure. Huge amount of cargo is imported and exported via Batumi Sea Port and Batumi-Istanbul Highway.

 

MANUFACTURING

The main industries developed in Ajara are as follows: food production, apparel, wood processing and production, and manufacture of non-metallic mineral products.
CHARTPIES

Sourse: Ajara investment portal

Construction

Construction is one of the most dynamically growing sectors in Ajara region.
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Sourse: Ajara investment portal

LOGISTICS

Ajara is in a highly strategic location, offering potential investors great opportunities in transport and logistic sectors. Two central highways and state border with Turkey create favorable environment for local and foreign businesses.

 

FINANCIAL SECTOR

There are following financial institutions in Ajara region:

  • 17 commercial banks (83 service centers)
  • 9 insurance companies
  • 11 microfinance institutions  (2 head offices, 37 service centers)
  • 2 credit unions
  • 316 currency exchange units
  • 3 money transfer units

     

    10 TOP REASONS TO INVEST IN BATUMI

  1. Business-Friendly and Stable Environment
  2. Strategic Geographic and Logistic Location
  3. Low-cost and Competitive Labor Force
  4. Simple/Low Taxes and Incentives
  5. Preferential Trade Regimes
  6. Developed Infrastructure (physical, financial)
  7. Diverse Investment Sectors
  8. Liberal Economic Legislation
  9. Abundance of Natural Resources
  10. Association Agreement with EU

                    You will visit:

• Ministry of Finance and Economy of Ajara
• Department of Tourism and Resorts of Ajara
• Ministry of Agriculture of Ajara Autonomous Republic
• The Chamber of Commerce and Industry of Ajara
• Public Service Hall
• Ajara Investment Portal
• Batumi Port
• Batumi Oil Terminal
• Batumi International Container Terminal
• Kobuleti Tourism Free Industrial Zone
• International Investment Association
• Some of the Biggest Casinos
• Some of the Leading Hotels
• Some of the ongoing Construction Projects

   Information you will receive:

• Governmental policies, programs and incentives
• Georgia’s Legislation Framework
• How to start a Business
• Property Registration
• Getting Permits
• Trade Documentation
• Tax System
• Investment Opportunities
• Customs Clearance Procedures
• Trade Opportunities
• Banking System
• Statistics, Trends and Plans of Tourism Industry of Georgia

               You will meet:

• Heads of Government bodies
• Investment Department Representatives
• Members of Chambers
• Expert People
• Heads of Big Projects
• Holding Companies
• Owners/Managers of Hotels
• Owners/Managers of Touristic Companies
• Owners/Managers of Restaurants
• Main Players of Tourism Industry in Georgia

DURING THE TOUR THERE WILL BE HELD A BUSINESS DINNER WHERE INVESTORS WILL HAVE THE OPPORTUNITY TO MEET WITH THE LOCAL BUSINESSES AND GET THE INFORMATION ABOUT THE SPECIFIC INVESTMENT PROJECTS.

GUESTS WILL  ATTEND BUSINESS FORUM “TOURISM INDUSTRY 2016” ORGANIZED BY BUSINESS GEORGIA ON SEPTEMBER 29-30.

TOUR WILL ALSO COVER TOURISTIC SITES: BATUMI BOTANICAL GARDEN, BLACK SEA ARENA, ALPHABET TOUR, FUNICULAR ARGO, NOBEL BROTHERS BATUMI TECHNOLOGICAL MUSEUM, BATUMI BOULEVARD.


See more information about Batumi Business Tour
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