Turkish cable manufacturer Koc Kablo has opened its first factory in Georgia. The factory will produce power cables and wires. Newly opened factory is located in Tbilisi.
Factory was built with an investment of 6 million dollars, with the help of "Isbank" and the program "Produce in Georgia". According to "Produce in Georgia", the new factory will employ 50 people.
"We would like to warmly congratulate Koc Cable with grand opening of first factory in Georgia. New venture factory specializes in the production of wide range of cable products and will have a positive impact on evolving industry of Georgia and economy growth.
JSC "Isbank Georgia" strongly supports development industry in the country and wishes Koc Cable continuous prosperity and success,"- Isbank Georgia notes in a statement.
The Turkish company Koc Kablo has been producing power cables since 1972. The company established a subsidiary in the Georgian market in 2017.
