The year 2024 was significant for the development of the Tbilisi Free Zone (TFZ). Despite global and local economic challenges, the zone managed to strengthen its position, attract international partners, and improve the business environment.

Business Growth and Investments

Throughout the year, many new companies registered in TFZ, especially those involved in manufacturing, warehousing, and exports. The zone’s tax benefits and strategic location made it even more attractive to investors. Additionally, TFZ’s investments in ready-made facilities and services played a crucial role in this growth.

Infrastructure Improvements

A major focus in 2024 was infrastructure expansion. The warehouse and production spaces within TFZ tripled, providing businesses with greater flexibility and cost-optimization opportunities.

New on-site services were introduced, offering operational convenience from the outset, including cargo handling, customs brokerage services, transportation, cleaning, and more.

International Cooperation and New Opportunities

TFZ significantly expanded its international network, conducted visits to target markets, and held numerous bilateral meetings while participating in various business forums. These efforts helped TFZ establish new partnerships, enhance global recognition, and initiate new projects.

Key Challenges

Despite positive trends, the year was not without difficulties. Political and economic fluctuations in the region, as well as changes in the regulatory environment, created certain challenges for businesses. However, TFZ successfully maintained stability and continued its rapid development.

What to Expect in 2025?

Despite regional challenges, the strong growth in 2024 suggests promising trends for 2025. The zone is set to continue expanding, investing in high-quality infrastructure, and preparing for larger-scale projects to attract even more investors.

In summary, 2024 was a year of stable growth and new connections for the Tbilisi Free Zone. Looking ahead to 2025, TFZ remains committed to strengthening its business-friendly ecosystem and solidifying its position as one of the leading free economic zones in the region.