Cooperation with PROPARCO in financing textile enterprises discussed
Tashkent, Uzbekistan (UzDaily.com) - On 3 March, the Uzbek-Korean Textile Technopark, headed by the Deputy Chairman of the Association B. Muhammadsaidov, held a meeting of a number of domestic enterprises with the French organization PROPARCO.
PROPARCO is the financial arm of Agence Française de Développement (AFD) that finances the private sector. It plays a key role in the AFD Group and the French Cooperation Mechanism: financing and supporting projects led by companies and financial institutions in developing and developing countries - from small and medium enterprises to regional banking groups, including microfinance organizations.
Earlier the representatives of the Association, headed by the chairman Ilkhom Khaydarov, had already conducted introductory negotiations via video communication.
At today's meeting, the issues of direct and more profitable financing by the French side of projects of textile and garment-knitwear enterprises and clusters were discussed.
The meeting was joined by representatives of such companies as Uzwoolentex, ART SOFT Holding, Quva textile, Aydarkul invest, etc.
Following the meeting, the main directions of the allocation of funds from PROPARCO were determined and the mechanisms for their implementation were discussed. If you are interested in financing your projects with PROPARCO funds, please contact the Financial and Economic Analysis Department of the Association.