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Textile Factory to Open in Samtredia by 1 million USD Turkish Investment

Since 2011, member companies of Association of International Investors have invested about 600 million USD in Georgia.

Currently, the Association registers 14 companies, which make investments in the fields of industry, construction, tourism and medicines.

Osman Chalikshani, head of Association of International Investors, told BM.Ge that the member companies have been implementing three projects, including textile factory project in Samtredia. The factory will employ 250 persons.

The project will be financed by about 1 million USD Turkish investment, Chalikshani noted. The investor plans to open the factory in about 2 months.
Two other projects call for opening a small hotel and an exhibition space in Batumi.

The association member companies have employed more than 16 000 persons in Georgia.