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Viewpoints About Potential Stimulation And Possibilities Of Investments On Textile Industry Uzbekistan

Author

Listed:
  • Shakhrukh Madjidov

    (Tashkent Institute Of Textile And Light Industry)

  • Bekhzod Khakimov

    (Tashkent Institute Of Textile And Light Industry)

Abstract

Uzbek light industry, in particular, the textile sector is one of the strategically important and dynamic sectors of the national economy. Textile industry of Uzbekistan possesses high ranks in the sectors directed to exportation, therefore it contains wide specter of export ranging from thread up to ready­made product (made of stockinet, sewing, silk and carpet cloth). Contemporarily textile industry gains the fifth rank in the gross domestic product contribution and a third of all the workers in the field of industry is occupied in textile. Uzbek light industry still has significant untapped investment potential, all the conditions for the further rapid growth. Necessary to increase the production of goods for the domestic market to meet the growing needs of the population. This requires investment in projects for the production of finished cotton fabrics, blended fabrics, silk fabrics, garments and knitwear for the establishment of mobile industries with mandatory formation in their composition structures, responsible for design, marketing, quick changeovers production with fashion and demand.In the foreseeable future for the light industry remains a key role in the development of industrial production in the country. Experts believe that more needs to be done to develop the significant potential that lies in the light industry of the country.

Suggested Citation

  • Shakhrukh Madjidov & Bekhzod Khakimov, 2012. "Viewpoints About Potential Stimulation And Possibilities Of Investments On Textile Industry Uzbekistan," European Journal of Business and Economics, Central Bohemia University, vol. 6(0), pages 22-241:6, September.
    • Handle: RePEc:aad:ejbejj:v:6:y:2012:i:0:p:22-24
    DOI: 10.12955/ejbe.v6i0.138
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    Cited by:

    1. Hua Wang & Hafeezullah Memon & Syed Hamad Hassan Shah & Madjidov Shakhrukh, 2019. "Development of a Quantitative Model for the Analysis of the Functioning of Integrated Textile Supply Chains," Mathematics, MDPI, vol. 7(10), pages 1-14, October.

    More about this item

    Keywords

    Direct investmentModernization; Export; Textile industry; Silk branch;
    All these keywords.

    JEL classification:

    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries

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