Three Textile Factories to be Opened in West Georgia

Three textile factories are to open in Kutaisi and Poti by the end of the year, according to the Head of the International Investors Association (IIA), Osman Chalishkan. The factories will import raw materials from Turkey, produce clothes and export them to Europe.

Chalishkan further announced that the factory will be built in Poti, Georgia’s port city on the Black Sea coast, and will employ 3,000 people. USD 3 million will be invested in the factory, the construction of which will be completed before the parliamentary elections in Georgia on October 8th, 2016.

As for the factories in Kutaisi, the legislative capital of Georgia, investor companies will rent places for two factories to employ 600 people. According to Chalishkan, one of the companies was founded last week and will be operational in about two months. The second company is now selecting an area for the factory.

The factories will not be launched immediately because the companies need to train employees for the first three months, after which production will begin.

International Investors Association (IIA), founded on July 14 of 2009, is an independent, non-governmental organization and one of the largest unions of investors in Georgia whose members present large companies of different sectors of businesses, including textile industry, food production, construction and construction materials, banking and finance, insurance, and hotels.

Ana Akhalaia

25 April 2016 20:11