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.
