Global Textile plans to establish a textile factory and logistics center in Kazakhstan for $40 million, as reported by the press service of the Turkestan region's akimat.
On January 17, the akim of Turkestan region, Nuralhan Kusherov, and the head of Global Textile Group, Muzaffar Razakov, discussed the project for opening a textile factory and logistics center in the Maktaaral district.
The Uzbek company aims to launch five major enterprises that will create over 2000 permanent jobs. The total cost of the project will amount to 21 billion tenge ($39.61 million).
As part of the Global Textile Turkistan project, a logistics center, a cotton processing plant, a textile factory, dyeing workshops, spinning, and sewing factories will be launched. The annual capacity of the cotton processing plant will be 13,800 tons. The products will be supplied to both the Kazakh market and exported to Europe.
In 2024, the domestic company brought in seeds of the "Namangan-77" cotton variety, which were sown over an area of 3,200 hectares, and the yield reportedly exceeded expectations. Additionally, the construction of a cotton reception point with an annual capacity of 10,000 tons has been completed.
According to the plan, the textile factory will commence operations in 2027.
Previously, Spot reported that export-oriented special economic zones will be established in Uzbekistan.
Global Textile is one of the largest full-cycle enterprises, covering all stages of production from cotton processing and thread spinning to fabric production and garment manufacturing. Currently, more than 5,000 people are employed in the 15 company facilities located in Tashkent and Fergana regions.