BATUMI UNIVERSITY PROFESSOR: EFFICIENCY OF FREE INDUSTRIAL ZONES IS ESSENTIALLY LOW

Efficiency of free industrial zones, existing in Georgia, is essentially low, states the article, published in Economics and Banking, journal of National Bank of Georgia (NBG).

Author of the article (Besik Bolkvadze, doctor of economics, associate professor of Batumi State University) indicates that main profiles of these zones are manufacturing, warehousing and logistics facilities, that is why they are mostly traditional and lack innovative systems.