Related Keywords: Akimat, Baiterek National Managing Holding, Development Bank, Kazakhstan Investment Fund JSC, Kazakhstan textile industry, SEZ Ontustik, textile factories, Textiles.kz group, Utex JSC and Melange JSC
The textile industry of Kazakhstan has gone through a process of sharp cutback over the past decade. Baiterek National Managing Holding and its subsidiaries, Kazakhstan Investment Fund JSC and Development Bank of Kazakhstan JSC, together with akimat (regional executive) of South Kazakhstan district have found mechanism to put back textile factories in Symkent into working condition.
With the launch of Melange JSC and Utex JSC factories, yarn production capacity will reach 17.8 million metric tons per year, production capacity of finished fabrics - 8.4 million running meters a year.
