Uzbekistan is ready to take its textile manufacturing capabilities to the next stage by investing in latest technology for downstream processes of fabric manufacture, finishing and make-up. The country is already a strong producer of raw cotton and yarns. It has signaled its intent to foster advances in both technology and the range of activities by its textile manufacturers.

The fact that Uzbek currency is now convertible for international exchange is the foundation for a significant increase in foreign trade. Uzbekistan continues to take consistent steps aimed at developing its textile industry. The country intends to implement 132 investment projects in the textile industry, half of which will be financed through foreign investments and loans, by the end of 2019. In particular, 112 modern, high-tech industrial factories will be created and 20 operating capacities will be expanded, modernized and technologically upgraded. All this will increase the export potential of the industry up to 2.5 billion dollars a year and create more than 25,000 jobs.

Uzbekistan is the world’s sixth largest cotton producer. It is taking steps to increase the volume of cotton fiber processing. A textile factory is coming up. The factory will annually produce 10,000 tons of polyester fiber, 10,000 tons of polyester yarn, 20 million running meters of mixed fabrics and 7,000 tons of blended linen.