Uzbekistan, which exports textile products to more than 50 countries including Brazil, Chile, Croatia, and Nigeria, has decided to process all cotton fibres inside the country by the year 2020. 40 per cent of all cotton produced in Uzbekistan last year was processed in the country which was just 7 per cent in 1991.
President of Uzbekistan Shavkat Mirziyoyev’s last year said that the Government will work on measures for further development of the textile, garment and knitwear industry of the country, and the decision to process all cotton fibres within the country has come as a step to achieve President’s vision.
The country is planning to get around US $ 2.2 billion of investments (nearly half of them foreign investments) to the textile industry between 2017 and 2020. The Government has also decided to launch special textile complexes on the basis of a four-phase system that includes all processes, starting from processing and ending with the production of finished products.
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Currently, the share of finished products in the total volume of production is 47 per cent. The Government is planning to increase this to 65.5 per cent, as well as to increase the share of finished products in the export from 41 to 70 per cent in the years to come. Today, cotton yarn accounts for nearly 50 per cent of the cotton exports from Uzbekistan.