February 2. Shavkat Mirziyoyev continued his trip through the Fergana region by visiting the Global Textile Infinity textile. This was reported by the President's press service.
The 132 million-euro company has the capacity to produce 18 million meters of mixed fabric and 10 million pieces of finished products per year. The manufacturer dreams to export products worth 85 million euros to European countries and China. The president emphasized the need to increase the variety of ready-made products and establish cooperation with well-known brands. Textile fabric production will be launched in March 2023.
The fabric producer uses energy-saving technologies such as Solar panels which allow to save power up to 23%.
The state leader ordered to increase in cotton yield, deep processing of yarn and scaling up the export of textile products in the valley regions to 2.5 billion dollars this year.