Textile manufacturing to open on Kazakhstan-Uzbekistan border territory

The Central Asia International Industrial Cooperation Center will become the region’s largest hub for freight traffic consolidation, processing, and distribution and boost industrial cooperation along the North-South corridor, Kazakh Trade and Integration Minister Arman Shakkaliyev told the Government meeting.

The center will be located near the Atameken (Kazakhstan) and Gulistan (Kazakhstan) checkpoints. There will be production platforms, warehouses and transport infrastructure to speed up deliveries, reduce logistics costs, decrease delivery chain participants, and cut product costs for end-use customers.

The minister said the Global Textile company’s project to manufacture made-up textile articles will be developed at the the center. The center will generate new productions, new workplaces, processing of agricultural and industrial products, develop machine building, pharmaceuticals, chemical industry, and textile manufacturing. The center is called to make a favorable effect on deepening bilateral trade and economic relations with near border countries, bolster business ties between producers and entrepreneurs of the two countries and raise mutual commodity turnover to 10 billion US dollars in five years to come.

Besides, he added a new trade and logistics center to open along Western Europe-Western China corridor.