Chinese investor will contribute to the development of the textile industry in the Angren FEZ

On July 28, 2023, the Foreign Enterprise “FEIYAN” LLC became a member of the Angren FEZ and a certificate of membership was issued to the company. The foreign investor of the LLC is a citizen of the People's Republic of China Mr. Li Xianghui. Enterprise during 2023-2024 is planning to implement an investment project for the production of a range of synthetic yarns with an investment of USD 5.0 million.

The annual production capacity is 10,000 tons, of which 30% will be export-oriented. As a result of the project implementation, more than 170 jobs will be created for the population of Angren city.