Polcotton to build textile complex in Uzbekistan investing about 60 mn

Polish based Polcotton Sp z o o internationally trading and production company operating within cotton, textiles and commodity products, acting on European Asian and Far East markets since 1995 and also a member of the Liverpool Cotton Association will be investing about 60 million in the construction of a textile complex in Uzbekistan, reported the Uzbek Foreign Ministry.

The complex for the processing of cotton fiber production is planned to be built in Uzbekistan. It is expected that, the future factory will have a capacity of 10,000 tons of finished products per year and as many as 1200 new workplaces will be created.

Uzbekistan ranks sixth for the production of cotton fiber and fifth in its export in the world. Around 3,500 tons of raw cotton are grown and 1.1 million tons of cotton fiber are produced in Uzbekistan every year.

The general director of Polcotton, Vice President of the European Committee of the Cotton and Textile Industry Alois Schonberger, stressed that, Polish textile workers are ready to enlarge their ties with Uzbekistan in exporting textile products from the republic.

Polcotton also coowns ginnerries in Uzbekistan. Currently, due to further development the company seeks for professionals willing to take up the position of International Trade Salesman (Cotton) or different commodity products (based in Warsaw).