Qabil Ashirov read more
Azerbaijan and Uzbekistan are implementing technical and
economic justification of investment projects for the development
of sericulture, Azernews reports, citing Chairman of the Agency for
the Development of Economic Zones Elshad Nuriyev, telling a news
conference on the results of 2022.
'Cotton and sericulture clusters are planned to be created
within the framework of joint cooperation in economic zones.
Currently, meetings and negotiations are held with investors.
Technical and economic substantiation of investors' investment
projects is being carried out, and work is being done on the
allocation of land plots for the start of activities,' he said.
Nuriyev noted that the Agency for the Development of Economic
Zones under the Azerbaijani Economy Ministry signed memorandums
with the business associations of Uzbekistan (Uzbekipaksanoat
Association and Uztekstilprom Association) on cooperation in the
field of cocooning and sericulture, as well as the development of
cotton and textile industry.
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