Tekstil Trans Ltd has opened a new textile factory on February 1 in Kyrgyzstanâ€™s northern Chui province. Kyrgyzstanâ€™s Prime Minister Sooronbai Jeenbekov at the opening ceremony, said that opening of this enterprise will help reduce Kyrgyzstanâ€™s dependence on the import of textile products, namely fabrics, which will allow lowering the production cost of domestic sewing industry.
The total cost of the new textile factory project is $9.5 million, including $7.5 million provided by the Russian-Kyrgyz Development Fund.
Jeenbekov emphasized that the light industry is among priority sectors of Kyrgyzstanâ€™s economy. Domestic textile products are in high demand in foreign markets. With the countryâ€™s accession of the Eurasian Economic Union, Kyrgyz entrepreneurs, including textile producers, have a good opportunity of entering a larger market.
Tekstil Trans General Director Almazbek Abdrayev showed the prime minister the factory, which had worked in a pilot mode since last November.
At the initial stage, the factory will produce 9-10 tons of ready products per day or 225 tons per month, with further increasing the production capacity up to 30 tons per day. The new factory will also create 150 jobs.
The factory is using the latest technological equipment and high-quality raw materials from Uzbekistan, Tajikistan, and China.
Tekstil Trans Ltd took the decision to build this fabrics-producing factory taking into account the increasing growth of the Kyrgyz sewing industry and its big potential.
A weekly report covering market and price information on the entire chain of polyester along with online access to daily polyester chain prices.
One-time reports that are issued annually cover the demand and supply trends in individual products including polyester, nylon, acrylic, viscose, and cotton.
One-time reports that are issued annually cover the demand and supply trends in the individual country's natural and manmade fiber/filament industries.
Countries Served Worldwide