Uzbekistan’s Andijan Region, US ITF GROUP Join Forces to Modernize Textile Industry

A significant step toward modernizing Uzbekistan’s textile sector has been taken as the administration of Andijan Region and the US-based ITF GROUP signed a memorandum of cooperation in the textile industry.

The agreement focuses on accelerating the growth of Andijan’s textile industry by attracting foreign direct investment, incorporating cutting-edge technologies, and expanding production capacities, The Caspian Post reports via Uzbek media.

Both parties are committed to establishing advanced textile manufacturing facilities and modernizing existing production processes.

The partnership also aims to increase the export potential of local textile products by introducing them to international markets, thereby boosting the region’s global trade presence. The initiative is expected to create thousands of new jobs and includes comprehensive training and retraining programs designed to develop a skilled and competitive workforce.

Beyond economic growth, the memorandum is poised to stimulate further investment activity in Andijan, elevate local textile brands on the world stage, and enhance Uzbekistan’s competitiveness in the global textile industry.