Tashkent, Uzbekistan (UzDaily.com) -- An article on the modern development of the textile industry in Uzbekistan has been published on the website of the leading Belgian newspaper “The Brussels Times”.
The article notes that for the light industry of Uzbekistan, recent years have been marked by radical changes, in fact, a revolution in the cotton and textile industry.
“The textile industry is the second largest manufacturing industry in Uzbekistan, represented by more than 7,000 textile enterprises, with state-of-the-art technologies and a value chain from fiber production to finished products, providing high revenues to the budget, attracting foreign investment, high employment and increasing their level of well-being,” the publication states.
“An industry that has grown exponentially over the past few years and is expected to reach US$4.3 billion in exports by the end of 2022 with a fully transparent production chain capable of turning 100% of harvested cotton into the highest quality textile products,” the article noted.
It is noted that on 10 April 2021, Uzbekistan received the status of a GSP + beneficiary, which implies 0% duties on exports to EU countries. The beginning of 2022 was marked for Uzbekistan, and in particular for the textile sector, by the end of the long-term "cotton boycott".
Several factors have been cited as growth drivers for this industry. The main one is state support, which significantly contributes to the significant growth of the industry. The next, most effective factor is the introduction of a cluster form of management, which allows you to create a single production chain from raw materials to finished products.
“In the textile sector of Uzbekistan, there are a number of opportunities for a closed cycle in environmental, economic and social terms. Direct action has been taken to introduce cotton regeneration, the recycling of household waste into various materials after use. Along with this, the textile industry has made significant progress in innovation in the field of recycled water supply, renewable sources, which is not only rational and cost-effective, but perhaps the only right way to become a “green” country in all respects,” the article says.
The Brussels Times concludes that Uzbekistan, with its climatic conditions and geographical location, with warm sunshine all year round, has great potential in this area.