UzA English

12.01.2019 02:17

Issues of attracting foreign direct investment in carpet industry are discussed

The Embassy of the Republic of Uzbekistan in Belgium held a meeting with the CEO of the Belgian holding group Van de Wiele Charles Beauduin to attract foreign direct investment in carpet weaving sector of the country during which a request was made to assist in obtaining relevant information on possible investment projects, establishing production through the latest Belgian technologies for further development.

As reported by the Press Service of the Chamber of Commerce and Industry of Uzbekistan, representatives of Van de Wiele intend to visit Uzbekistan in case of interest of the Uzbek side.

Van de Wiele has been working in Uzbekistan market since 2003, delivering carpet weaving equipment. To date, there are already more than 130 looms in Uzbekistan manufactured by this holding. The country has established close cooperation with more than 20 active buyers, mainly located in Samarkand, Bukhara, Jizzakh, Navoi and Tashkent regions.

Uzbekistan is among the five largest markets for the company, along with Iran, Turkey, China, Morocco, etc. About 3 thousand people are working in the company around the world, including about 750 people at the plant in Kortrijk city. The annual turnover of the company is about 500 million euros. The holding owns factories in Belgium, Germany, Italy, China, France, the United States and Turkey.

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