Georgia's Ajara Textile to set up new apparel factory

Half of the GEL 20 million ($6.50 million) investment in Kartli Textile is a loan issued under the Enterprise Georgia Program.

"We have been saying it all along, that we must use this crisis as an opportunity. Goods manufactured here will be used and worn by the world's finest national teams and athletes. It will make us proud when a product will read "manufactured in Georgia". We must care for business, care for one another, create new jobs, and empower local production, of course. I congratulate Rustavi's residents on this major achievement," Georgian Prime Minister Giorgi Gakharia said at the event to launch the construction of the Kartli Textile factory in Rustavi.

Ajara Textile already has three apparel making factories in Batumi, Kobuleti and Poti—all in the Adjara region of Georgia. The company manufactures and exports over GEL 15 million ($4.88 million) worth of retail products a year, cooperating with such leading international companies as Nike, Adidas, Puma, and others.

ALCHEMPro News Desk (RKS)