Uzbekistan to allocate $97.5 million to increase production
Uzbekistan, Tashkent, Aug.9 /Trend D.Azizov/
Uzbekistan will allocate $97.471 million to implement 46 investment projects to develop and modernize extile, garment and knitwear, leather and footwear enterprises.
The implementation of these projects will increase the production of cotton yarn by 2.9 times compared to 2011, cotton - 2.2 times, knitted fabrics - by 2,3 times, raw silk - by 2.1 times, silk fabrics - by 2.6 times, hosiery - by 2.5 times, production of leather goods - by 1.9 times.
According to the decree, textile and garment and knitwear companies included in the list of investment projects should ensure the export of 50 percent of production at least.