A meeting was held with a delegation headed by Wang Hongtu, Head of “Lihua” Company.
2026-08-19 18:10:00 / News
On August 19 this year, Nozimjon Kholmurodov, Director of the Agency for the Development of Light Industry under the Cabinet of Ministers of the Republic of Uzbekistan, held a meeting with a delegation headed by Wang Hongtu, Head of the Chinese “Lihua” company.
During the meeting, the parties discussed the effective utilization of existing production capacities in Uzbekistan’s light industry sector, attracting foreign investment, revitalizing enterprises whose operations have been suspended, as well as implementing new investment projects.
Particular attention was paid to attracting Chinese investors to restart textile enterprises transferred to bank ownership in Kashkadarya Region and restore their production potential.
During the negotiations, “Kasbi Yarntex,” located in Kasbi District of Kashkadarya Region, and “Kitob Ip Yigiruv,” located in Kitob District, were presented to representatives of “Lihua” as promising investment opportunities. The parties discussed the enterprises’ existing production capacities, infrastructure, technological capabilities, as well as prospects for their revitalization and relaunch through attracting investment.
The parties also exchanged views on the acquisition by foreign investors of other textile enterprises put up for sale in various regions of the country, the introduction of modern technologies, the effective utilization of existing capacities, and the establishment of competitive production.
The meeting also addressed “Lihua’s” ongoing and planned investment projects in Uzbekistan’s textile and light industry sectors, increasing the level of production localization, manufacturing high-value-added products, expanding export potential, and creating new jobs.
During the meeting, information was provided on the favorable investment climate created for foreign investors in Uzbekistan, existing incentives and opportunities, industrial infrastructure, and government support measures for the implementation of investment projects.
At the conclusion of the meeting, the parties agreed to conduct a detailed assessment of the investment potential of “Kasbi Yarntex” and “Kitob Ip Yigiruv”, develop specific proposals for their revitalization, further expand mutually beneficial cooperation, and continue practical dialogue on the implementation of promising investment projects.