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Indorama Industry Pte Ltd and National Bank for Foreign Economic Activity of Uzbekistan will create joint venture with the charter capital of US$20 million. The share of Singaporean side is 76% and NBU – 24%.
After commission in 2013, Qoqand Textile Combine will process about 16,000-20,000 tonnes of cotton-yarn a year.
It is expected that the enterprise will annually export yarn to textile enterprises at the volume of US$26 million – US$32 million.