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World Famous Brand Coats to be Produced in Georgia and Sold on EU Markets

09.11.18 15:21
World brand coats will be produced in Georgia and sold on the EU markets – says a statement by the Partnership Fund to BMG. According to them, the final agreement has already been signed between the Partnership Fund and Jiangxi’s Huajiao Enterprise Management. “The aim of the project is to build a factory equipped with modern technology, where high-quality coats and jackets will be made for local and international markets. The investment cost for the initial phase of the project comes to 5 million USD. World famous brand coats and jackets made in Georgia will appear in European Union markets. The negotiations with the Partnership Fund began 2 years ago. Throughout this time we conducted market research and procedures related to moving the production to Georgia” – states the Partnership Fund

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