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Memorandum Signed to Launch Electric Car Production in Georgia

The Partnership Fund, Swedish company “Uniti Sweden AB” and “Silk Road Group” signed a memorandum to launch production of electric cars in Georgia.

The aim of the Memorandum is to define the principles of development of the joint project, as well as the agreement on specific fields of cooperation.

“It is important for Georgia to develop renewable energy and eco-friendly projects in the country. “Uniti Sweden AB” is an innovative, high-technology engineer for electric cars and is one of the leading innovators in the world.

Improvement of the ecological environment in Georgia, encouraging high-tech production, modern innovation of the world, introduction and creation of jobs in this field is a priority, “said Saganelidze.