Yarn Production Enterprise in Furqat Aims for Exports to Europe and China
Yarn Production Enterprise in Furqat Aims for Exports to Europe and China
Tashkent, Uzbekistan (UzDaily.com) — In Ferghana Region, an impressive investment portfolio exceeding US$8 billion has been formed.
Last year alone, more than 1,200 promising projects were launched with total investments exceeding US$4 billion, creating around 44,000 new jobs.
A prominent example of the region’s effective investment policy is the yarn production enterprise in Furqat District.
The facility annually processes about 7,000 tons of fiber, producing high value-added yarn. All products are intended for export, significantly strengthening the region’s foreign trade potential.
The enterprise’s production capacity allows for the manufacture of 540 tons of yarn per month and up to 6,500 tons per year.
All output is exported to European countries and China, generating revenue of US$10–12 million and confirming the high competitiveness of Uzbekistan’s textile industry in the global market.
The total investment in establishing the enterprise amounted to US$26 million: US$16 million came from foreign investors and US$10 million from local entrepreneurs.
During the first stage of the project, over 300 jobs were created, including a substantial number for women, with specialized training programs, qualified personnel, and convenient transportation provided. The second stage aims to employ more than 500 women.
The production facility is equipped with modern technologies from leading European countries, ensuring high product quality according to international standards, energy efficiency, and strong production output.
Investors received support from the Ministry of Investments, Industry and Trade, as well as the government commission overseeing the project.
The second stage is now underway, with construction in progress and plans to begin production in 2026–2027, involving 600–700 young specialists.
Implementation of such modern investment projects contributes to the industrialization of Ferghana Region, boosts exports, improves living standards, and strengthens the region’s competitiveness both nationally and internationally.