ASHGABAT, Turkmenistan, July 27. Turkmenistan's cotton spinning factory, located in Turkmenabat city, in the Lebap region of Turkmenistan, produced 1,420 tons of cotton yarn from January through June this year, Trend reports.
According to official data, the amount of work performed during the corresponding period by the enterprise was almost 25.2 million Turkmen manats ($7.2 million).
Furthermore, the enterprise exported about 142 tons of cotton yarn to foreign countries in the first six months of this year.
Turkmenistan plans to allocate more than $300 million for the implementation of over 30 projects in the textile industry by 2025.
Major investments will be directed not only to expanding existing capacities but also to creating more than 10 new production facilities based on current enterprises.