Turkmenistan Will Increase Investment In Textile And Garment Industry And Promote Exports
Textile and garment industry
It is an important industry in Turkmenistan's non energy field, especially cotton textiles.
Ring brand cotton yarn
Enjoy a good reputation in the international market.
In the 19 years since independence in 1991 to 2010, the total investment of the territory has been US $1 billion 300 million, and 30 new textile and garment enterprises with advanced international equipment have been set up. The old enterprises have been renovated and renovated, so that the overall level of the textile and garment industry has been greatly improved.
The lint processing ability has increased from 3% to 51%, and the quality of export products has improved significantly.
At present,
Textile and garment
The system has 72 enterprises and the average annual output value of textiles is US $300 million.
In order to expand exports, the development plan of textile industry before 2020 was formulated.
According to the plan, in the next 10 years, the territory will invest 2 billion US dollars to build a processing enterprise in every cotton producing area of the country to produce export products.
The newly built enterprises will adopt Italy's advanced production equipment and technology as well as Germany's quality testing equipment.
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