On March 5, UBlok signed a cooperation agreement with Gold Stone, a well-known local building materials enterprise in Georgia, and a third-party team to jointly invest in the construction of an autoclaved aerated concrete (AAC) factory with an annual output of 500,000 cubic meters in Georgia.
In accordance with the agreement, the three parties will give full play to their respective core advantages and closely coordinate to advance the project. Upon completion, the factory will not only meet local market demand, but also rely on Georgia’s advantageous position as a trade transit hub to radiate neighboring countries such as Armenia and Azerbaijan, and deliver products to European markets via the Black Sea shipping route.
"This is a vital move for UBlok to implement its internationalization strategy and expand overseas markets through the model of 'investment + technology + management + brand'," said President Shen Xiaohe at the signing ceremony. "The trilateral cooperation will create an integrated synergy of 1+1+1>3, accelerating the implementation, development and full-scale commercialization of the project."
Gao Jinlong, Secretary-General of the Chamber of Chinese Enterprises in Georgia and Chairman of Gold Stone, stated that as an enterprise with nearly 20 years of deep cultivation in the local building materials industry, the company holds optimistic prospects for AAC products in Georgia and surrounding regions. Supported by UBlok’s advanced technology and mature operational experience, this cooperation will drive the green, intelligent and large-scale transformation of Georgia’s construction materials industry, boost local employment and economic growth, and deepen friendship between the peoples of China and Georgia.
Statistics show that Georgia is located in the South Caucasus at the junction of Asia and Europe, with a population of 3.7 million and an urbanization rate of 60%. Its GDP grew by 7.5% in 2025, driven by manufacturing, communications and tourism. The country features an open business environment and convenient cross-border trade, serving as a regional logistics and commercial hub. Its construction sector is fueled by infrastructure and real estate development. Residential investment reached approximately 730 million US dollars in 2024, while 80% of construction materials rely on imports. With the advancement of projects including the E60 Expressway, Chinese building materials account for around 45% of Georgia’s total imported construction materials.
