Home / Knowledge / News / Textiles / UzPahtaSanoat reviews progress of new textile projects
UzPahtaSanoat reviews progress of new textile projects
16
Jul '14
UzPahtaSanoat, the Cotton Industry Company of Uzbekistan, held a meeting this month to review the progress of setting up of new textile projects in the country, according to a UzReport article.
 
Commissioning of high-tech and modern industrial facilities, as well as growth and improvement in investment process, is one of the top priorities of the economic program, approved by Uzbek President for 2014.
 
At the meeting, it was noted that a total of 22 textile and light industry projects are to be commissioned at a cost of more than US$ 100 million. Once operational, the new projects are expected to create over 3,600 new jobs.
 
A spinning mill set up by Asrteks started production of carded yarn in the first quarter of 2014.
 
In the first half of 2014, five garment factories in Kashkadarya and 3 apparel units in Jizzakh regions also went into operation.
 
By the end of 2014, a clothing factory in Sardoba and a ginnery in Syrdarya region are expected to become operational, the meeting was told.
 
However, major projects of integrated textile factories that combine spinning, weaving and stitching, are projected to become operational in 2015-16. Most of the planning and preparatory work on these projects has been completed, and all necessary permits have been obtained for construction of these textile units. However, the last step of obtaining loans from commercial banks is yet to be completed.
 
The current problems being faced in setting up of new textile units and the measures to resolve them were also discussed at the meeting, which was attended by officials from several ministries, the State Competition Committee, O'zbekYengilSanoat, commercial banks, HlopkoProm Board, companies involved in implementation of the projects, as well as potential investors and members of the projecting and construction companies.
 

Fibre2fashion News Desk - India


Must ReadView All

India's garment exports up 24.93% in September 2017

Textiles | On 16th Oct 2017

India's garment exports up 24.93% in September 2017

The exports of readymade garments from India in September 2017 was...

Low GST rate on zari will generate jobs for women: SRTEPC

Textiles | On 16th Oct 2017

Low GST rate on zari will generate jobs for women: SRTEPC

There will be a rise in the employment for women with the slash in...

Consumers may suffer if no assurance to EU workers in UK

Apparel/Garments | On 16th Oct 2017

Consumers may suffer if no assurance to EU workers in UK

Consumers may suffer if the British Government does not quickly offer ...

Interviews View All

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Abhimanyu Singh Rathore & Barbara Anna Kosiorek
Kannbar

‘Blending cultures is the true beauty of fashion, where one’s imagination...

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Nitesh Mittal

Kusumgar Corporates is a leading manufacturer of technical textiles and...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Suresh P Bagrecha

Komal Texfab, founded in 1981, is into manufacturing of knitted fabrics,...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

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

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search