According to local media reports in Uzbekistan, the Singaporean company Indorama Industry Pteltd will invest an additional US$20 million in the Kagan Textile Factory in 2014. The project has been included in the Uzbekistan investment plan in 2014, and the additional investment will be used to expand the lint cotton of the company. production capacity, by then the company’s lint output will reach 12,000 tons/year. Up to now, the investment amount of Singaporean enterprise Indorama Industry Pteltd has reached 75 million US dollars.
Singapore expands investment in Uzbekistan’s textile industry
According to local media reports in Uzbekistan, the Singaporean company Indorama Industry Pteltd will invest an additional US$20 million in the Kagan Textile Factory in 2014. The project has been included in th…
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