Yet another addition has been made to the fast-developing series of Joint Ventures (JVs) that are taking place in Uzbekistan. Industry sources reveal that an Uzbek-Turkish joint venture by the name Shaykhontohur-Textile have

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| come up. The Turkish and the Uzbek businessmen have taken charge to raise the US$4.7 million investment required for the project, 75 percent of which would be in form of foreign investments. The new factory will source its raw materials from Uzbekistan and manufacture export-oriented knitwear. 

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