ASHGABAT, Turkmenistan, Jan. 21
By Huseyn Hasanov– Trend:
Turkmenistan is developing projects to establish new facilities in the textile industry, Trend reports with reference to the Vatan newspaper.
The tasks on increasing the production volume of various import-substituting goods and strengthening the export potential of the country are successfully tackled by textile enterprises of the country.
They include the construction of a new spinning mill for the processing of camel and goat wool, as well as the production based on processing textile and wool residues, wastes of reeds and cotton. These facilities will be equipped with modern innovative equipment.
More than one million tons of cotton are grown in Turkmenistan annually, which serves as a raw material base for the development of the textile industry.
A significant part of Turkmenistan’s exported products are home textiles, sports and jeans wear, produced under the world-famous brands Puma, Wal-Mart, Bershka, Pull & Bear, River Island and Cosco.
It is planned to allocate more than $300 million till 2025 for the implementation of more than 30 projects in the Turkmen textile industry.
Eighteen out of 29 textile enterprises planned for transfer to private ownership, have already been privatized in Turkmenistan.
The assortment of textile products in the near future will be expanded thanks to the establishment of the production of corduroy fabric and various types of non-woven materials like spunbond, spunlace, hollow fiber, curtains, as well as padding polyester and carpet.