Textile Horizon LLC has been granted resident status in the Mingachevir Industrial Park
"Textile Horizon" LLC, implemented with the participation of "Azershekar" LLC and Uzbekistan's "Global Textile" companies, has been granted resident status in the Mingachevir Industrial Park, which is managed by the Economic Zones Development Agency under the Ministry of Economy.
Within the framework of the project, enterprises for the production of yarn, fabric, and clothing will be built in the Industrial Park. This will lead to the establishment of textile sector clustering for the first time in our country. These enterprises, where advanced technologies from countries such as Germany, Switzerland, Spain and Turkey will be applied, will produce 11.6 thousand tons of yarn, 7.3 thousand tons of raw fabric, 6.2 thousand tons of dyed fabric and 11.8 million pieces of sewing products (clothes) per year.
The project, with an investment value of 153 million manats, will create over 2,300 permanent jobs. The products to be produced will be sold in the domestic market as well as exported.
The project is planned to be commissioned in 2027.