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Uzbekistan to develop its textile industry
31 Mar '17
1 min read
Uzbekistan has decided to focus on developing its textile industry. The country is paying special attention to deep processing of cotton fibre, manufacturing goods for exports keeping in view the world market and creating new jobs. Creating facilities for processing of cotton fibre will reduce cost of production and also provide source of income to people.
This was announced by President Shavkat Mirziyoyev during a visit to "Toshrabot" mahalla in Qiziltepa district, where he looked at several projects aimed at developing textiles in the region. The country is trying to attract foreign investments to implement these projects costing more than $70 million.
The factories are to be equipped with highly-efficient modern machines, manufactured by Rieter, a Swiss company, Mirziyoyev said.
As a result of implementation of these projects, the country will be able to fully process cotton fibre. Increase in the output of finished industrial products is of great importance for raising the standard of living of people, he said. (SV)
Fibre2Fashion News Desk – India
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