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07.04.2018 18:22

Buildings of cotton ginning enterprises will be realized to organizers of cotton-textile clusters

According to the Press Service of “Uztuqimachiliksanoat” (Uzbekistan Textile Industry) Association, this decision was made to introduce modern forms of organization of cotton and textile production, efficient use of production capacities of cotton ginning enterprises and cotton procurement centers located on the territory of cotton-textile production.

The State Committee of the Republic of Uzbekistan for Assistance to Privatized Enterprises and Development of Competition jointly with JSC “Uzpahtasanoat” and “Uztuqimachiliksanoat” Association carried out an inventory and assessment of the state of 16 cotton ginning enterprises and 68 cotton procurement centers located in the territories of cotton and textile industries and clusters.

The Working Commission for development of the draft Concept of development for the medium-term perspective of cotton and textile clusters recommended to realize buildings and structures of 13 cotton ginning enterprises and 68 cotton procurement centers to the organizers of cotton and textile industries and clusters at an estimated cost in installments for 5 years (the issue will be introduced for consideration at the general meeting of shareholders of cotton ginning enterprises).

At the same time, the organizers of cotton and textile industries and clusters have been required to modernize production within two years.

The transferred capacities will be used for processing raw cotton on a give-and-take basis. For the period before the inventory, the existing equipment and other fixed assets of cotton ginning enterprises and procurement centers are transferred to the organizers for rent.

Ablay Kamalov, UzA
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