GARMENT INDUSTRY TODAY KYRGYZSTAN
The Republic may become a sewing machine of the Customs Union - said Deputy Minister of Energy and Industry Saparbek Assanov. - Domestic garment products now in demand in Kazakhstan and the Russian Federation #39;.
According to the Association of Light Industry of Kyrgyzstan `` Light industry, almost all garments made in the country, exported to Russia and Kazakhstan. In the domestic market is still only a small fraction of it. #39;The figures speak for themselves. The annual volume of production in light industry in terms of money are 7 billion soms - said the publication director of the light industry `` Farhat Raimzhanov. - And every year we increase them by at least 1 billion #39;.
According to official data, light industry of Kyrgyzstan provides 4.5% of GDP. But according to experts, this number can easily multiply by three, as most of the industry is in the shade. Nevertheless, the Ministry of Energy and Industry believe that it is more profitable to sew in Kyrgyzstan than in Kazakhstan, Russia and Belarus.
#39;First, we have the most liberal among the CIS tax policy - explains Saparbek Assanov. - Secondly, the cheapest electricity. Thirdly, a small salary. As a result, the low cost of making clothes that certainly increases its competitiveness in foreign markets#39;.
