In 2013 the second stage of Singapore’ s Indorama Industry’ s textile production has become operational in the Ferghana region of Uzbekistan. After the second phase worth $ 31 million was commissioned, the cotton fibre processing enterprise’ s capacity increased by 5,000 tons to 15,000 tons. The project was financed through a direct investment worth $ 25 million by the Singapore-based company and by loans from foreign banks involved in project financing. Swiss company Rieter
10, 2000. Nestle believes in Uzbekistan’ s huge long-term potential, that is why it continues with investments into the development of the local market.
The factory in Namangan started in 2002. Firstly Namangan factory launched production of NESTLE PURE LIFE water, NESTLE SUTIM sterilized milk. Later in 2004 Nestle Uzbekistan Namangan factory started production of the infant cereals. In 2011 Nestle
supplied equipment to the textile complex. The project implementation ensured increased capacity of processing cotton fibre up to 10,000 tons per year.
IKT predominantly serves the global market of spun yarn, targeting more than 90 per cent of exports mainly to Latin America, Europe, Bangladesh, Commonwealth of Independent States( CIS) and Turkey. IKT produces the best quality yarns in Uzbekistan. Food Industry Nestle Uzbekistan was established based on Namangan Milk Plant Nafosat on February
Uzbekistan launched another factory of water manufacturing in Tashkent.
In 2013 Nestle Uzbekistan launched the new milk production line in Namangan. Nestle Uzbekistan plants are equipped with the advanced European production lines which are upgraded regularly. On each stage of the technological process all raw materials and packaging are subject to strict quality control in modern laboratories.
14 www. uzbekistan. be
Uzbekistan profile | January- 2017