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Uzbekistan initiates measures to focus on textile industry

Uzbekistan has initiated several measures to focus on the textile industry. The country is trying to grab foreign investments to implement various projects worth over $70 million. As an additional incentive for Chinese investors to kick-off their operations in Uzbekistan, a delegation of 33 representatives of China’s associations and textile companies was hosted recently by the Uztekstilprom Association in Tashkent. The Chinese delegation was headed by the Chinese National Council for Textiles and Clothing.

The event aimed to boost cooperation between Uzbek and Chinese companies involved in the textile and apparel-knitting as well as the production and supply of finished textile products to the Chinese market. The forum was attended by the the leaders of the State Committee of Uzbekistan for Investments, UzTrade JSC of the Foreign Trade Ministry, the Economy Ministry. Representatives of the textile industry of the two countries were also present in the meeting. Bukhara, Kashkadarya, Samarkand and Syrdarya regions were represented as major locations where investment can be made.

 

 
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