New factory in Georgia will produce airline parts
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An $85 million USD plant for producing civil aircraft parts will soon be built in Georgia.
Construction work will begin in three months and about 300 people will be employed at the new facility.
The project will be jointly implemented by Georgia’s Economy Ministry, state-owned shareholding company the Partnership Fund and Israeli-based international aerospace company Elbit.
While specific production details have not been released, officials said the new factory would begin to produce aircraft parts in two years.
It is expected the new facility will produce civil aviation composite parts that have a competitive advantage in the world market, and on-sold to the airline industry.
Representatives of Elbit met Georgia’s Prime Minister Irakli Garibashvili today and discussed the project details.
Elbit believed the new plant will be "very successful”, as there was a strong and growing demand for new planes all over the world.
Georgia is building an $85 million USD plant with the goal of producing civil aircraft parts for Boeing, Airbus and Bombardier passenger planes.
Identical factory is being built in Tbilisi
A top Georgian official is in Israel to meet local authorities and to visit the country’s leading aircraft production factory – whose analogue is currently being built in Tbilisi, Georgia.
Georgia is building a factory that will produce civil aircraft parts for Boeing, Airbus and Bombardier passenger planes.
Aviation engineers, technicians and operators of a Georgian factory under construction that will produce civil aircraft parts are now in Israel undergoing training.
Georgia’s new factory that will produce civil aircraft parts for Boeing, Airbus and Bombardier passenger planes will release its first production in two years’ time.
A new Georgian factory that will produce civil aircraft parts for Boeing, Airbus and Bombardier passenger planes has opened today in the capital city of Tbilisi. The construction of the high tech and modern aviation plant began in September 2016 and is expected to release production by 2020.