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Kazakh light industry production grows by 12.4% in Feb
17 Mar '20
1 min read
Pic: Shutterstock
The production of the Kazakh light industry grew by 12.4 per cent in February, with positive dynamics seen in textiles production, according to the industry and infrastructure development ministry. Kazakhstan has four cotton processing units with a capacity to process up to 31,000 tonnes of fibre. Only two, Azala Textile and Azala Cotton, function steadily.
The 2019-2021 light industry development road map approved last March specifies measures to provide enterprises with raw materials, fight unlawful circulation of goods, raise the domestic content share, economic incentive and support measures, according to a news agency report.
Last December the Kazakh-Uzbek joint venture Alliance started the idle production plant Yutex. The cotton cluster development road map was approved to settle the problem. It contains measures to let Yutex work in full swing, to launch apparel manufacture and put into production the second factory standing idle.
All these measures are expected to triple domestic cotton processing and create 1,000 jobs.
The 2019-2021 light industry development road map approved last March specifies measures to provide enterprises with raw materials, fight unlawful circulation of goods, raise the domestic content share, economic incentive and support measures, according to a news agency report.
Last December the Kazakh-Uzbek joint venture Alliance started the idle production plant Yutex. The cotton cluster development road map was approved to settle the problem. It contains measures to let Yutex work in full swing, to launch apparel manufacture and put into production the second factory standing idle.
All these measures are expected to triple domestic cotton processing and create 1,000 jobs.
Fibre2Fashion News Desk (DS)
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