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Uzbekistan is investing $ 2 million in the creation of a garment factory in Kyrgyzstan

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uzbek-kyrgistanUzbekistan is investing $ 2 million in the creation of a garment factory in the free economic zone (FEZ) Bishkek, Uztekstilprom reports. General Director of the FEZ “Bishkek” Kudret Taichabarov, the head of the Uzbek company Nil-Granit (SAMO brand) Akrom Ganiev and the deputy head of the Uztekstilprom Association Daniyar Khabibullaev signed a roadmap. According to the document, the Uzbek side is investing two million dollars in the creation of a large garment factory in Kyrgyzstan. It is assumed that more than 200 jobs will be created here.

The Uzbek side leases an area of 2 hectares in the Bishkek FEZ and will create a new enterprise here. The Kyrgyz side, for its part, will provide the necessary infrastructure, adapt the construction project to the construction standards of Kyrgyzstan and help obtain all the necessary permits. The factory will produce clothing for export to the EAEU countries and beyond, which will meet all international standards.

“Last week we visited Tashkent, got acquainted with the Nil-Granit company and signed a memorandum of cooperation. Today we are moving on to the second stage of negotiations and already in Bishkek we are taking the first steps towards bilateral cooperation. The roadmap we signed will be the start for the implementation of the construction plan. As you can see, our company creates favorable conditions for investors, from legislation to infrastructure, “said Kudret Taichabarov.

“During our stay in Kyrgyzstan, we got acquainted with companies operating in the free economic zone” Bishkek “, received information about working conditions and benefits. Visiting the territory of the future enterprise and the opportunity to talk with the heads of customs and tax services strengthened our intentions to invest. We will register with you as a subject and we will start working in the near future, “Akrom Ganiev said.