Chinese company signs deal to invest in Georgia’s textile industry

Georgia's Partnership Fund and China’s Silk Road Investment Company signed a deal to cooperate in the textile industry.
Agenda.ge, 03 Nov 2015 - 14:02, Tbilisi,Georgia

Georgia’s state-owned shareholding company, the Partnership Fund (PF), and China’s Silk Road Investment Company are launching cooperation in Georgia’s textile industry.

The two companies signed a Memorandum of Cooperation yesterday, which outlined implementation of several projects in the textile industry.

The Memorandum also noted cooperation not only in Georgia’s textile industry but in other economic fields as well.

The Memorandum was signed by the head of PF Davit Saganelidze and Silk Road Investment Company general director Ji-Min Lu.