- Private sector development is still at a very early stage in Uzbekistan and the project will be the first majority privately owned garment-manufacturing company in Uzbekistan.
- Although Uzbekistan is the world’s fifth largest cotton producer, at present, only about 25% of the total cotton fibre output is processed domestically. The project will promote economic development in the country and contribute to its FX earnings by increasing the production and export of value added goods in an economically important sector.
- It will generate considerable employment;
- It will have a good demonstration effect by signalling the commercial viability of cotton processing in Uzbekistan and promoting the country as a reliable supply source for clothing; and
- It will provide new facilities with modern production technology and will facilitate the transfer of skills, technology and know-how in garment manufacturing.
OPEC Fund will also provide a loan of US$ 5 million.
- Dust control measures, including state-of-the-art exhaust ventilation and humidifying systems will be incorporated to ensure compliance with international dust control standards;
- All solid waste including raw materials, packaging and auxiliary materials will be recycled.
- Employees will be trained to ensure safe working practices and a specialised doctor and nurse will be employed to provide comprehensive medical care.
- Provisions for fire protection and prevention in the new facilities will comply with EU standards.
- Construction of a new wastewater treatment plant, which will ensure discharge of effluent to both EU and international discharge standards, and other environmental upgrades, will form part of the Bank's investment and will be included in an environmental action plan (EAP).
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For business opportunities or procurement, contact the client company.
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