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Related Keywords: cotton, Dutch company, energy saving equipment, exporter of cotton fiber, Investments, largest textile factory, latest technology, Textile, Textile production, Uzbekistan

Uzbekistan is the sixth-largest producer and third-largest exporter of cotton fiber in the world, with a production of 1.2 million metric tons of cotton fiber per year to get a large textile factory in the Karshi district of Kashkadarya province in Uzbekistan. As a Dutch company, LT Textile Cooperatief UA is organizing textile production and equip it with the latest technology and energy saving equipment.

Related Keywords: Cotton fibre, Dutch company, energy saving equipment, investment agreement, Kashkadarya region, LT Textile Cooperatief U.A., modern textile plant, produce cotton and mixed yarn

LT Textile Cooperatief U.A. (Netherlands) to set up modern textile plant in Karshi district of of Kashkadarya region in Uzbekistan, for which the company undertook liabilities to invest at least to the tune of US$ 55 million in 2015-2016, of which $17 million will be of the own resources of the Dutch company and $38 million would be taken as loans from foreign banks, without guarantee of the Government of Uzbekistan.

The Government of Uzbekistan issued a resolution “On measures on organization of modern textile plant in Karshi district of Kashkadarya region” on 31 October 2014.