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Uzbekistan to increase internal processing of cotton fibre to 70% by 2020

Related Keywords: cotton fiber, cotton yarn, Dilbar Makhmudova, foreign investors, increase domestic processing, State JSC, textile exports, Uzbek banks, Uzbekistan, Uzbeklegprom

Uzbeklegprom State JSC has planned a five year project from 2015-2020 to increase domestic processing of cotton fiber for which the company will direct about US$1 billion and decrease its exports in line with the concept of developing light industry in Uzbekistan, the head of the Uzbeklegprom main department Dilbar Makhmudova told on Sept. 5.

A development program concept for the next five year was developed by Uzbekyengilsanoat in cooperation with several ministries and departments.

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