BAKU, Azerbaijan, February 3
By Jeila Aliyeva - Trend:
Turkmenistan’s Bereket Garment Factory manufactured products worth more than 14 million Turkmen manat ($3.9 million) in 2020, which is 6 million manat ($1.7 million) more than planned, Trend reports with reference to Turkmenportal information portal.
The fabric for sewing to the factory comes from the capital's textile complexes and other relevant enterprises of Turkmenistan.
For the production of mattresses and pillows, cotton wool obtained from local raw cotton is used, which reduces the cost of production.
The Bereket Garment Factory is one of the youngest enterprises in the textile industry of Turkmenistan, which started operating in 2011.
Turkmenistan plans to allocate more than $300 million for the implementation of over 30 projects in the textile industry by 2025.
Due to the above-mentioned investments, the manufacture of commercial products will grow 1.2 times in Turkmenistan over these years. Also, the implementation of the planned measures will allow the textile industry of Turkmenistan to carry out constant technical and technological re-equipment of existing and creation of new high-tech industries.
Major investments will be directed not only to expanding existing capacities but also to creating more than 10 new production facilities based on existing enterprises that use modern technologies for the manufacture of environmentally friendly products.
In general, over the years of independence, about $2 billion were invested in the construction of new and reconstruction of existing textile enterprises.
There are more than 70 enterprises in the industry, including large textile, cotton spinning, and weaving industries, clothing factories, silk processing enterprises, shoe factories, factories for primary processing of leather and wool.
Cooperation with foreign companies and international financial institutions that ensure the growth and further development of the textile industry in Turkmenistan. With the participation of foreign companies, 13 modern textile plants were put into operation, where the manufacturing of products that meet the most modern requirements of international quality, management, and marketing standards was established.
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