Daewoo International pledges extra investment in - sportstextiles: Lea SportsTextiles

News

Daewoo International pledges extra investment in textiles in Uzbekistan

27/06/2014
Korean industrial group Daewoo International has announced plans to invest a further $20 million in two textile production operations in Uzbekistan.

The new investment is to support expansion at the Daewoo Textile Fergana and Daewoo Textile Bukhara enterprises in Uzbekistan. The money will go towards new spinning equipment.

Daewoo has had textile operations in the country since it founded cotton fabric and yarn producer Daewoo Textile Fergana in 1996. It set up yarn producer Daewoo Textile Bukhara in 2008.


Related stories:

Uzbekistan building textile training park 05/07/2016
Rising polyester prices make cotton desirable again 06/08/2014

Sportstextiles.com cannot be held responsible for content if the language setting is changed from English.

The translations provided by Google Translate are automated and therefore might not be accurate and may contain incorrect, offensive or misleading language. We offer this facility as a guide only.