South Korea to build textile techno-park in Uzbekistan

Tashkent recently hosted a groundbreaking ceremony for the Korea-Uzbekistan Textile Techno-Park in the territory of the Tashkent Institute of Textile and Light Industry, the Times of Central Asia cites the Jahan information agency report.

The project to establish in Tashkent the Textile Training-Research Techno-Park until 2018, implemented by Uzbekistan’s light-industry JSC O’zbekyengilsanoat together with the Ministry of Commerce, Industry and Energy of the Republic of Korea, is a vivid example of the Uzbek-South Korean cooperation.

The main goal of the techno-park is development and implementation of international training and research programs, exchange of experiences and advanced technologies aimed at the development of the textile industry, and the transfer of technological know-how and conducting research works in the textile field.

The financing of the project is planned at the expense of grant funds from the Program “Official development assistance” (ODA) of the Government of the Republic of Korea. It will finance construction and installation works, acquisition and installation of technological equipment, and personnel training. The approximate cost of the project is estimated at $15 million.

The project involves the construction of high-tech 3- and 5-storey administration buildings, as well as a separate 2-storey building for experimental production with the use of energy efficient technologies, equipped with solar panels over a total usable area 10 thousand square meters.

“We are pleased that every year strategic partnership between Uzbekistan and South Korea has more and more strengthened,” said the President of Korea Institute for Advancement of Technology (KIAT) Chung Jae-Hoon. “Realization of joint projects in various sectors of the economy reflects gradual development of mutual cooperation. The potential of Uzbekistan in the textile industry is consistently rising. We intend to further develop cooperation and expand joint projects.”