Feedback Here

fbook  tweeter  linkin YouTube
Global contents also translated in Chinese

Uzbekistan’s Fergana province develops textile sector

Owing to the reforms implemented by President Islam Karimov, the Fergana province in eastern Uzbekistan is developing as a textile cluster. Production and exports from the region has risen. The Fergana province is putting in efforts to attract foreign investments by modernising its industries and creating favourable conditions, which has led to a rise in industrial production by about 7.9 per cent over last year. In all, 380 new production facilities have been commissioned in various sectors, including the light industry, in the framework of the government’s policy.

At present, there are 117 enterprises in the Fergana region which have been set up in collaboration with foreign investors. This include a joint venture Indorama Kokand Textile in Kokand city, which has an annual capacity to produce 7,000 tons of high-quality yarn, which is then exported to over 10 countries, including Bangladesh, Belgium, Spain, France, Italy, Brazil and Argentina. Textile enterprises like the Fargona Turon Textiles, Bulut Tekstil, Margilon Osie Tex and Besharik Tekstil have been reporting more than projected export quantities in the last few months.

 
LATEST TOP NEWS
 


 
MOST POPULAR NEWS
VF Logo