Uzbekistan’s Bukhara gets $400mn textile cluster investment

Date:

Uzbekistan’s Bukhara region is expanding its renewable energy and textile industries through major investment projects, including a $400 million cotton-textile cluster.

A textile complex under the Kurt Baver brand is planned for Bukhara city, with an annual production capacity of 62,000 tons.

“In Romitan district, Chinese investors are developing a $400 million cotton-textile cluster,” Trend News Agency reported.

The projects are expected to increase the share of higher-value-added products to 65% and generate an additional $100 million in export opportunities.

Uzbek President Shavkat Mirziyoyev visited the Bukhara region, where he laid the foundation stone for these and various other projects.

Image courtesy: Cotton Brazil

Bhargav Pathak
Bhargav Pathakhttps://textilesresources.com
With a passion for the textile, apparel, and fashion industry, I embarked on a journey fueled by education from NIFT Gandhinagar and affiliation with NDBI at NID Ahmedabad. Since 2006, I've contributed to various corporate ventures, specializing in B2B, B2C, SaaS, and AI products within the textile domain. In July 2023, I launched TextilesResources.com, a knowledge hub offering the latest news, articles, and soon-to-come features like interviews and a trade fair calendar. Grateful for the growing community, we've recently introduced a Business Directory for enhanced visibility. Join us on LinkedIn and stay connected with the ever-evolving textile landscape!

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