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Daewoo International plan to invest $22 mln in two textile enterprises in Uzbekistan

Related Keywords: cotton fabric, Daewoo International corporation, Daewoo Textile Bukhara, Daewoo Textile Fergana, production capacity, yarn

Daewoo International Corporation, a South Korean company has part of its expansion plan has decided to make an investment to the tune of $22 million to expand production capacities of two textile enterprises Daewoo Textile Fergana and Daewoo Textile Bukhara in Uzbekistan.

The relevant Memorandum of Understanding (MoU) was signed between Uzbekengilsanoat State Joint Stock Company and Daewoo International Corporation on expansion and modernization of production capacities of the Daewoo Textile Fergana and Daewoo Textile Bukhara.

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