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Turkmen president dissatisfied with textile industry’s performance

Turkmenistan Materials 29 May 2014 19:38 (UTC +04:00)
During a government meeting held in the city of Turkmenbashi, Turkmen President Gurbanguly Berdimuhamedov ‘expressed serious dissatisfaction with the country’s textile industry’s performance, and demanded an increase in the pace of work in this direction’,
Turkmen president dissatisfied with textile industry’s performance

Ashgabat, Turkmenistan, May 29

By Huseyn Hasanov - Trend:

During a government meeting held in the city of Turkmenbashi, Turkmen President Gurbanguly Berdimuhamedov 'expressed serious dissatisfaction with the country's textile industry's performance, and demanded an increase in the pace of work in this direction', according to a message from the Turkmen government.

Turkmen president, who is on a working visit to the country's Balkan Province, said the quality improvement and growth of the range of textile goods widely demanded in the global market, are the main requirements of the modern day.

"However, there is a sluggishness in fulfilling the set tasks, despite systematic support provided by the state for integrated development of the textile industry," the message quoted President Berdimuhamedov as saying.

Turkmenistan traditionally grows cotton, which serves as a basis for developing the textile industry. The annual turnover of the textile industry is about $400 million.

As of 2013, this industry was represented by 74 companies, among them were 32 textile complexes, cotton spinning and weaving factories, 17 garment factories, seven silk industry enterprises, two wool processing and three knitted goods enterprises.

Dozens of textile enterprises worth over $1.6 billion have been built throughout Turkmenistan's years of independence. This helped to increase the processing of domestically produced cotton up to 51 percent.

Most of the products are sent to the U.S., Canada, Germany, Britain, Russia, Italy, Turkey, China, and Ukraine. Such companies like Puma, Bershka, Nautika, Sara Lee, Casual Wear, Wal-Mart, Miss Erica, Vespolino, JC Penney and others are among the customers of finished goods.

The current capacities in Turkmenistan will allow to annual production of 177,000 tonnes of different yarn, 186 million square meters of various cotton fabrics, 11,000 tonnes of various kinds of knitted fabrics, 7,200 tonnes of terry fabrics and 80 million pieces of knitwear and garments.

Edited by C.N.

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