The cotton processing plant will have an annual capacity of 13,800 tonnes. Products will be supplied to the Kazakh market and exported to Europe as well.
The textile factory is expected to start operations in 2027.
The facilities are expected to create over 2,000 permanent jobs. The total project cost is an estimated 21 billion tenge ($39.61 million), media reports from Kazakhstan said.
Company chief executive officer Muzaffar Razakov and the region’s governor Nuralkhan Kusherov discussed the project recently.
The company introduced ‘Namangan-77’ cotton seeds last year, planting them over 3,200 hectares. It also finished a cotton reception centre with an annual capacity of 10,000 tonnes.
ALCHEMPro News Desk (DS)
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