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Turkmenistan to hold an Int’l exhibition of textile products this June

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Turkmenistan textile industry is on the way to a new stage of development as it plans to hold an international exhibition in Ashgabat on June 4-5, 2016, said the message from the event's organizers, Turkmenistan's Ministry of Textile Industry and the Chamber of Commerce and Industry May 31.

The textile industry holds an important place in Turkmenistan's economy as it traditionally grows cotton which is a basis for ensuring the development of the textile industry.

This year, it’s planned to collect 1.05 million tons of cotton from an area of 545 hectares in Turkmenistan.

Turkmenistan to streamline its textile industry to attract investments

Related Keywords: attract investment, competitive products, cotton spinning, garment factories, increase manufacturing, silk industry, streamline, textile complexes, textile enterprises, traditionally grows cotton, Turkmenistan textile industry, weaving factories, wool processing

Turkmenistan plans to streamline its textile industry to increase the manufacturing of competitive products and attract investment in this industry as it holds an important place in its economic system, the country’s President Gurbanguly Berdimuhammadov said.

Turkmenistan traditionally grows cotton, which serves as a basis for developing the textile industry. The annual turnover of the textile industry is about $400 million as of 2014.

During the last meeting of the Cabinet of Ministers, the issues related to the development of the textile industry were discussed.

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