Business
Posted: 3 years ago

Hualing Tiz to Start Serial Production of Furniture in Several Months

The serial production of the furniture in Hualing Tiz industrial zone will begin in the first quarter of 2021. As CEO of the zone, Soso Nibladze declared, that the implementation of the project was delayed due to the pandemic.

"Process of entering specialists and supervisors the country is related to the difficulties, the consumer price index is decreased, the pandemic has impacted us. Everything is reduced and slowed down. Currently, we process our products in a test regime.", noted Nibladze.

The modern furniture factory is located on 6,000 square meters. It will work on exporting production in Europe, and the U.S. 

It is planned to employ more than 500 people in the project.

As for the financial assistance, a total investment is $5-6 million.