Tajikistan to increase textile exports by raising cotton processing
"Today, about 30 per cent of the cotton grown in the country is processed within the republic, the rest is exported as raw materials. Last year, the export of textiles and cotton fibre amounted to about $300 million. With the attraction of investments and the release of finished products, this figure can be increased to $3 billion. This is a realistic goal," the minister told the inaugural ceremony of the First International Textile Forum.
Raising cotton processing volume and creating closed production chains will allow Tajikistan to increase textile exports to $3 billion in the future, according to country's Minister of Industry and New Technologies Sherali Kabir, who called it a realistic goal. Particular attention is being paid to the creation of full-cycle clustersâ€'from cultivation to the production of finished products, he said.
The development of the cotton and textile industry is part of the fourth national strategy aimed at accelerated industrialisation and doubling industrial production within five years, he was cited as saying by domestic media reports.
Particular attention is being paid to the creation of full-cycle clusters—from cotton cultivation to the production of finished products, he said.
Within the framework of the Strategy for the Development of the Textile Industry adopted two years ago, it is planned to create more than 600,000 jobs in the country and ensure the complete processing of local cotton, he added.
Fibre2Fashion News Desk (DS)
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