FABTEX GEORGIA Textile Exhibition

Georgia has a rich history in the apparel and textile sectors, dating back to Soviet times when the country was one of the most developed regions in textile and apparel manufacturing in comparison to other nations. The sector emerged in 2004. international investors, interested in skilled and competitive labor costs, cheap land, low energy costs, good transportation links, and attractive business environment found in Georgia, began investing in the apparel sector.

Georgia offers investors a politically stable investment destination, efficient, pro-business and corruption-free government, enlargement of market size by Free Trade Agreements, competitive cost of labor and energy, entry gate in the region, solid sovereign balance sheet, and stable banking sector.

– Georgia has FTA (Free Trade Agreement) with Turkey and CIS countries (Russia, Ukraine, Kazakhstan etc.)

– The DCFTA (Deep and Comprehensive Free Trade Agreement) with EU was signed on June 27, 2014, GSP agreement with the USA, Norway, Switzerland, Canada, and Japan

– Georgia is a member of the World Trade Organization. In Georgia, there is a competitive Labor Cost and availability of skilled workforce and customized training.

– For investors low production costs are very attractive too. In Georgia, there is a good Transportation Links to CIS Countries, Europe, and Asia.

– The United Kingdom, Germany, and Ukraine are the main importers of Georgian textiles and apparel.

– Georgia produces apparel for international brands including Tommy Hilfiger, Zara, Moncler, Marks & Spencer, Koton, Puma, Mexx, Next, George, Miss Etam, Lotto, Per Una, Autograph, Lebek, Hawes & Curtis, Dainese, Primark, etc. These achievements have opened new avenues for the country’s textile and with this the Georgian textile and apparel industry has already embarked on a successful itinerary.

– Considering the political stability, sturdy legal framework, comparatively low corporate tax, good geographical position (Georgia has the shortest transport route from Europe to Azerbaijan, Armenia, Iran, and Central Asian countries), strong entrepreneurship and availability of low-cost skilled laborers, Georgia is the much-liked destination for investing in textile.

Since fabric costs and other inputs used in ready-made clothing production are high, these products are mostly imported from abroad.

Georgia is an important potential market for fabric and other inputs for ready-made clothing production.

More About Georgia:

Turkish Textile Giant, Kaya Group, Embarks on Joint Venture to Boost Exports to EU via Georgia

Turkey-Georgia Trade Volume Aims for $5 Billion in 2024

Textile and Apparel Industry in Georgia: A History of Growth and Potential

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