Shavkat Mirziyoyev reviews activities of Oqsaroy Vortex

President Shavkat Mirziyoyev arrived in Kashkadarya region on November 12.

He began his trip with inspecting Oqsaroy Vortex enterprise in the city of Shakhrisabz. The company produces yarn and fabrics from synthetic fibers.

Shahrisabz Textile and Oqsaroy Textile, both part of the Oqsaroy Group, operate here. It was planned to implement 3 projects in stages with a total cost of $ 54 million, create 1,610 jobs and organize the export of products worth $ 22 million per year.

The first stage of the enterprise was commissioned in 2014. At that time it had annual capacities to produce 9 thousand tons of yarn and 4 thousand tons of knitted fabric.

In 2019, the company exported products worth $6 million, and this year this figure has already reached $8 million.

At the second stage, in October of this year, the Oqsaroy Vortex enterprise launched the production of yarn and knitwear made of synthetic fibers. The $15 million project has an annual production capacity of 3 thousand tons of yarn, 5.5 thousand tons of synthetic yarns and 3.5 thousand tons of knitwear. The annual export volume is estimated at $7 million.

At the third stage, it is planned to build another textile factory and expand the production of yarn and knitwear. The project, which will be launched next year, will create 700 new jobs.