Uzbekistan's light industry enterprises export products for more than $1B
Baku, Azerbaijan, Dec. 29
By Nigar Guliyeva – Trend:
Light industry enterprises of Uzbekistan, according to preliminary data, exported products for $1.1 billion in 2017, Uzbek media reported.
The products of Uzbek enterprises were supplied to more than 50 countries, and the share of goods with high added value exceeded 40 percent. If in early 2017 there were 293 exporting enterprises, then by the end of the year their number had reached 350.
In addition, the growth of export indicators was facilitated by the activity of 64 trading houses opened in foreign countries.
There was noted that one of the effective ways for further development of the textile industry will be the creation of clusters. This model implies the organization of a single production cycle, which includes cotton growing, primary processing and its further processing at cotton ginning enterprises with the production of final products
Experts have already developed a draft Concept of development for the medium-term perspective of cotton-textile clusters, taking into account the experience of such facilities in the Navoi region.
According to the data, 34 investment projects worth $151.7 million were realized in 2017 on modernization, technical and technological re-equipment of existing and new enterprises in the light industry. At the same time, their total value exceeded $356 million.
To date, about 7,000 enterprises of the light industry are operating, cotton-fiber production capacity of 1.4 million tons has been created, of which about 60 percent is used to meet the needs of domestic textile enterprises.
Over the past ten years, the industry has maintained a steady growth rate, the production of textiles increased 4.3 times, the volume of its exports - almost 4 times.
In accordance with the Program for the Further Development of the Textile and Apparel and Knitting Industries for 2017-2021, it is envisaged to implement 140 projects with a total value of more than $2.2 billion in Uzbekistan.