2018-11-05
A top-notch jacket manufacturing factory will open in Georgia, with its production targeting both the local and international markets. The relevant agreement with the Jiangxi Huzhao Management Company was signed today during Georgian Prime Minister Mamuka Bakhtadze's visit to Shanghai.
The project, with its value amounting to 5 million USD in investments, involves the construction of a factory equipped with modern technology in Tkibuli, West Georgia, where 300 people will be employed at the initial stage.
The factory will manufacture jackets from world-famous brands.
Today's meeting between the Head of Government and the management of the company discussed Georgia's attractive investment environment and the opportunities the FTA with China offers to both Georgian and Chinese companies.
Special emphasis was also placed on Georgia's export potential and the Chinese International Import Expo, participation in which will increase the country's visibility and encourage growing investments.
The agreement on the establishment of a jacket manufacturing factory in Georgia was signed by Executive Director of the Partnership Fund of Georgia Davit Saganelidze and Director General of the Jiangxi Huzhao Management Company Xia Dujie. The signing ceremony was attended by Georgian Prime Minister Mamuka Bakhtadze, Minister of Economy and Sustainable Development Giorgi Kobulia and Minister of Environmental Protection and Agriculture Levan Davitashvili.
Prime Minister's Press Office