• Linkdin

Uzbek group to invest $40 mn in cotton-textile complex in Kazakhstan

23 Jan '25
1 min read
Uzbek group to invest $40 mn in cotton-textile complex in Kazakhstan
Pic: Adobe Stock

Insights

  • Uzbekistan's Global Textile Group wants to launch a logistics centre, a cotton processing plant, a textile factory, dyeing and spinning workshops, and garment factories in Kazakhstan's Turkestan region.
  • The total project cost is an estimated $39.61 million.
  • The cotton processing plant will have an annual capacity of 13,800 tonnes.
  • The textile factory is expected to start operations in 2027.
Uzbekistan’s Global Textile Group wants to launch five facilities—a logistics centre, a cotton processing plant, a textile factory, dyeing and spinning workshops, and garment factories—in Kazakhstan’s Maktaaral district in the Turkestan region.

The cotton processing plant will have an annual capacity of 13,800 tonnes. Products will be supplied to the Kazakh market and exported to Europe as well.

The textile factory is expected to start operations in 2027.

The facilities are expected to create over 2,000 permanent jobs. The total project cost is an estimated 21 billion tenge ($39.61 million), media reports from Kazakhstan said.

Company chief executive officer Muzaffar Razakov and the region’s governor Nuralkhan Kusherov discussed the project recently.

The company introduced ‘Namangan-77’ cotton seeds last year, planting them over 3,200 hectares. It also finished a cotton reception centre with an annual capacity of 10,000 tonnes.

Fibre2Fashion News Desk (DS)

Leave your Comments

Esteemed Clients

Woolmark Services India Pvt. Ltd.
Weitmann & Konrad GmbH & Co. KG
VNU Exhibitions Asia
USTER
UBM China (Shanghai)
Tuyap Tum Fuarcilik Yapim A.S.
TÜYAP IHTISAS FUARLARI A.S.
Tradewind International Servicing
Thermore (Far East) Ltd.
The LYCRA Company Singapore  Pte. Ltd
Thai Trade Center
Thai Acrylic Fibre Company Limited
X
Advanced Search