The Reform Of Textile And Garment Industry In Uzbekistan Has Achieved Initial Success.

The Uzbekistan light industry Limited by Share Ltd has announced a new development plan on the basis of summing up its achievements last year.

Industry's next development goals and plans.

Uzbekistan light industry Limited by Share Ltd is the predecessor of the Ministry of Ukraine light industry. The company has nearly 300 enterprises under the banner of the company, and most of the textile and clothing enterprises in Ukraine are its members.

According to the document signed by Karimov, President of Ukraine in March last year, on the measures to guarantee structural reform, modernization and diversification from 2015 to 2019, textile and garment production enterprises

The Limited by Share Ltd is responsible for the work.

At present, the reform of textile and garment industry, which takes production modernization and technological upgrading as the main content, has achieved initial success.

The value added of many companies has greatly improved.

According to statistics, the output value of the company's textile and garment products exceeded 3 trillion Sam (about 6 billion 860 million yuan) last year.

At present, actively developing overseas markets is one of the key strategies of Limited by Share Ltd for Ukrainian light industry.

In 2015, the total export volume of the company was more than 1 billion US dollars, and the number of enterprises with export business amounted to 254, accounting for 89% of the total number of enterprises affiliated to the company, and the textile and clothing products were sold to 55 countries.

In order to diversify the external sales market and expand the types of export products, many enterprises have participated in international fairs in China, Russia, Kazakhstan, Latvia, Korea, Germany and other countries.

Last year, the newly expanding sales markets included Columbia, Brazil, Salvatore, Pakistan, Georgia, Croatia and Nigeria.

In addition, the Limited by Share Ltd of the Ukrainian light industry has also been vigorously attracting foreign investment and opening up new joint ventures to expand production.

In 2015, the textile and garment industry attracted foreign capital to US $187 million, an increase of 2.7% compared with 2014, and 33 new enterprises were put into operation, creating 12 thousand and 500 new jobs.

In 2016, the Ukrainian light industry Limited by Share Ltd will focus on increasing exports, attracting foreign investment and expanding production of high value-added products.

According to the plan, the export volume will be increased to US $1 billion 100 million by the end of 2016, and 32 investment projects will be implemented. Under this framework, 24 enterprises will be set up to modernize 8 enterprises and 12 thousand and 700 jobs will be created.