$5 mln allotted for construction of textile factory in special economic zone «Ongustik»
Shymkent. November 19. KazTAG - $5 mln was allotted for construction of textile factory in special economic zone «Ongustik», said deputy akim of South Kazakhstan Saparbay Tuyakbaev .
The construction of the factory will start in March 2015, «Utex KZ» will be able to produce 8.4 thousand tons of thread and 10.6 mln meters of clothes in a year.
Today the territory of SEZ «Ongustik» attracted $800 mln of investment. There were launched 19 projects here, and 7 of them have already been completed. 6 projects are in full process.
According to akim, almost all projects are implemented with the help of foreign investors. Businessmen from Korea, Turkey, Uzbekistan decided to start their businesses in SEZ.