The development of cotton-growing will make an outstanding contribution to boosting light industry, said Azerbaijani President Ilham Aliyev. Last year they laid the foundation of a light industry park in Mingachevir. A total of nine plants, including a yarn plant, will be built there.
The first plants is ready to open there this year. And this is a great economic initiative, said the President addressing the development of the cotton-growing industry. The technological park will generate at least 5,000 new jobs.
The head of state during his meetings with foreign counterparts in order to ensure the country`s access to new markets raised the issue of boosting Azerbaijan`s trade and exports.
They are working with traditional markets and hence need to access new markets, and the establishment of trade houses to serve the aim to boost trade and export for which they will set up trade missions in Russia, Belarus, Ukraine, China, the United Arab Emirates in the near future as these are the primary markets at the present.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
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