Home / Knowledge / News / Textiles / Uzbeklegprom signs deal with Chinese textile companies
Uzbeklegprom signs deal with Chinese textile companies
06
Jul '13
Uzbeklegprom, the State Joint Stock Company of Uzbekistan, has signed agreements with Chinese textile companies to set up two new projects in the Uzbek-Chinese industrial park in Jizzak.
 
Uzbeklegprom signed an agreement with Nanyang Red Cotton Angel Textile to set up a textile equipment service centre in Jizzak Special Industrial Zone, Trend.az reported quoting the Ministry of Foreign Economic Relations, Investment and Trade.
 
The State Joint Stock Company signed another agreement with Nanyang Mulanhua Textile for creating a textile complex for production of dyed yarn and garments.
 
The two deals were among the 21 agreements signed for investment of more than US$ 100 million during the Uzbek-Chinese Investment Forum that gives a unique opportunity for Chinese companies to invest in Uzbekistan.
 
The special industrial zone in Uzbekistan’s central region of Jizzakh was created by a presidential decree in March this year. The zone can operate for 30 years, with a possibility of extension, according to the decree.
 
The modern high-tech industrial units to be set up in the zone would enjoy a special tax clause and customs privileges.
 
The Uzbek-Chinese Investment Forum was organized by Uzbekistan Government in collaboration with the Chinese Ministry of Commerce. The Forum was attended by representatives of about 300 Chinese companies.
 
Earlier in April this year, Uzbek-Chinese Investment Forum was held in four Chinese cities—Beijing, Hangzhou, Suzhou and Shenyang—which resulted in the signing of 54 agreements on joint implementation of high-tech investment projects in Jizzak, including those related to production of textiles.
 

Fibre2fashion News Desk - India

Must ReadView All

Courtesy: Li & Fung

Textiles | On 24th Mar 2017

Li & Fung forms new supply chain partnership with PVH Corp

Li & Fung Limited, the world's leader in consumer goods design,...

Courtesy: Alizilla

Apparel/Garments | On 24th Mar 2017

Alibaba's eWTP finds first overseas base in Malaysia

In a step towards using the internet to bring small businesses around ...

Textiles | On 24th Mar 2017

BJMC to produce cotton-jute blended denim fabrics

To meet demand from the market, Bangladesh Jute Mills Corporation...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Smita Murarka
Amanté

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Stefan Warnaar
Peak to Plateau

People are willing to pay for quality and performance

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Mike Hoffman
Gildan Activewear SRL

Gildan Activewear, a manufacturer and marketer of branded clothing and...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search