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Industrial production increases by 13.5 pct in Tajikistan

18 December 2018 15:55 (UTC+04:00)
Industrial production increases by 13.5 pct in Tajikistan

By Abdul Kerimkhanov

The volume of industrial production in Tajikistan in January-November 2018 amounted to 21.5 billion somoni (more than $ 2.2 billion), which is 13.5 percent more compared to the same period last year, Tajik media reported.

Meanwhile, there is no information about unrealized goods lying in warehouses or idle enterprises on the official websites of the relevant departments of the country's economic bloc.

In the export of industrial goods, raw materials mainly prevail. This list may include cotton fiber, aluminum, raw skin, leather and other manufactured goods.

For example, the amount of exports of textile materials and products from them since the beginning of this year amounted to more than $ 205.8 million. About $ 150 million of this amount is the revenue from the sale of cotton fiber.

The export of textile products is dominated by yarn and harsh fabric. At the same time, the amount of imports of textile materials and products from them for this period amounted to more than $ 55.2 million. However, imports of finished textile products are carried out with high added value.

This sector of the economy has a long tradition, the origins of which date back to the heyday of the Great Silk Road.

In the middle of the last century, a complete production cycle was organized, including the production of raw materials, spinning, fabric manufacturing, and the manufacture of garments and carpets.

The main products are fabrics and garments made from them, denim pants, shorts, textiles, carpet and leather products. The country has a full value chain, starting with the production of raw materials to the production of finished products. The sector has modern enterprises for sewing clothes, shoes. The government considers this sector a priority industry. It is planned to increase the export potential on the basis of the modernization of production, stimulating the creation of new enterprises.

Tajikistan is also successfully implementing the International Trade Center (ITC) program, aimed at supporting the development of the textile and clothing industry and improving the quality management infrastructure.

The International Trade Centre, supported by the Government of Switzerland, aims to increase the export competitiveness of the Tajik textile and clothing sector by supporting sector companies, and relevant trade support institutions from both public and private sectors.

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Abdul Kerimkhanov is AzerNews’ staff journalist, follow him on Twitter: @AbdulKerim94

Follow us on Twitter @AzerNewsAz

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