(MENAFN- AzerNews) Two companies from Uzbekistan intend to build a large textile
factory in the Jalal-Abad region, Azernews reports, citing Kun News Agency.
The plenipotentiary representative of the President of
Kyrgyzstan in the Jalal-Abad region, Absattar Syrgabaev, signed a
trilateral investment agreement with Art Soft Holding and Sassa
Group.
Construction of the factory on an area of 20 hectares will begin in
December this year and will be completed by the end of 2024.
The project is estimated to cost $31 million and will create
more than 1,000 jobs.
The company plans to produce cotton fabrics, as well as finished
products.
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