Uzbekistan to increase internal processing of cotton fibre to 70% by 2020

Uzbeklegprom State JSC has planned a five year project from 2015-2020 to increase domestic processing of cotton fiber for which the company will direct about US$1 billion and decrease its exports in line with the concept of developing light industry in Uzbekistan, the head of the Uzbeklegprom main department Dilbar Makhmudova told on Sept. 5.

A development program concept for the next five year was developed by Uzbekyengilsanoat in cooperation with several ministries and departments.

The program provides for an increase in domestic processing of cotton fiber from 44 percent to 70 percent by 2020, with a corresponding increase in textile export from $800 million to $1.5 billion.

In 2013, the production of cotton fiber in Uzbekistan increased by 1.4 percent – up to 1.087 million metric tons compared to 2012.

The projects will be executed to increase the production of cotton yarn by 2.6 times compared to the expected outcome of the 2014 – up to 562.800 metric tons, production of cotton fabrics will increase by 2.8 times – up to 340 million square meters, knitted fabric – by 2.9 times up to 110.500 metric tons, jerseys – by 2.1 times up to 296 million units, garments – by 3.3 times up to 20.1 million units over the next five years.

The project funding will be done through direct investment by domestic enterprises and foreign investors, as well as loans from Uzbek banks.

Uzbekistan annually produces about 3.5 million metric tons of raw cotton and 1-1.2 million metric tons of cotton fiber of which about 60 percent of produced cotton is exported

Recent Posts

Avavav, OnceMore launch recycled viscose garments

Avavav has continued its exploration of innovative materials by presenting new garments made with recycled viscose pulp from OnceMore during…

4 hours ago

Vegea expands production of GrapeSkin bio-material

Vegea has increased the production capacity of its biobased material, GrapeSkin, as interest grows in alternatives to fossil-based and animal-derived…

4 hours ago

Puma, Shincell to develop next-gen NITRO running foam

Puma has announced a partnership with Chinese materials company Shincell to develop the next generation of its NITRO running foam.

4 hours ago

Thermore unveils recycled Ecodown Fibers T2T insulation

Thermore, a company in thermal insulation, has introduced Ecodown Fibers T2T. The new free-fibre insulation is produced entirely from recycled…

1 day ago

Eurojersey , Lycra redefine sportswear with utility-focused apparel

Eurojersey, Lycra have collaborated to launch Empowered Play, a new approach to functional apparel where technical performance and comfort come…

1 day ago

Graphene-X introduces first women’s collection with advance fabric technology

Graphene-X has introduced its first women’s clothing collection, expanding its use of graphene-integrated fabrics beyond the men’s and unisex products.

1 day ago