New spinning enterprise launched in Jizzakh region (photos)
29/12/2013 11:30
New spinning enterprise launched in Jizzakh region (photos)
29/12/2013 11:30
Tashkent, Uzbekistan (UzDaily.com) -- An official opening ceremony of the enterprise on production of yarn, which was created on the base of Jizzakh Kentex LLC, was held in Jizzakh city on 28 December 2013, the press service of Jizzakh city administration said.
The enterprise with the cost of 26.62 billion soums will annually produce 7,500 tonnes of yarn. The project was implemented due to loan of Asaka Bank and own resources of the enterprise.
The resources were used to purchase equipment from Turkey and Switzerland. The project helped to provide 200 new jobs.
Head of Jizzakh Kentex Qobiljon Rashidov said that Desen Orme Tekstil Tie. Ve San.A.S (Turkey) delivered equipment for US$1 million and Rieter Machine Works LTD (Switzerland) for 4.2 million euros.
The enterprise will supply 50% of its products to internal market and other half to external markets. Jizzakh Kentex will use local raw materials in production of yarn.
According to official data, Jizzakh region can process only 9% of cotton, produced in the region. In 2014-2016, the region plans to implement several projects in light industry, which will help to increase cotton processing level up to 68.5%. This will help to increase income of the region by 10-12 times from cotton sales.
In 2013-2015, it is planned to commission 243 industrial enterprises with total cost of US$340 in Jizzakh.
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