Today, President Emomali Rahmon received the senior adviser of company “Chuntai-New Silk Road” of China Li Yan Zhe which deals with investment activities in agricultural sphere of XUAR Region.
The meeting addressed the issues related to the establishment of cooperation in the field of cotton production and its industrial processing.
Li Yan Zhe stated that they are planning to set up production of cotton with use of newest world technologies in cooperation with Tajik farmers and specialists in Tajikistan and construct different industrial enterprises for processing of up to 15 thousand tons of cotton fiber annually and final product manufacturing.
In the first phase more than 6 thousand new jobs will be created with attraction of over 120 million USD of direct investments. In future the volume of investments should increase to 200 million USD and the number of jobs up to 15 thousand.