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The company will start work on the project by next year, according to a report in an Uzbek daily. The company requested the Uztekstilprom Association for assistance in the implementation of the cluster.
South Korean-owned Posco International Textile is one of the largest textile companies in Uzbekistan, employing 4,000 and manufacturing and exporting high-quality yarns and fabrics.
President Mirziyoyev signed a decree, which, starting from the harvest season of 2022, introduces the procedure for financing the cultivation of raw cotton and cotton picking at the expense of the Fund for State Support of Agriculture.
Fibre2Fashion News Desk (DS)