The company of China "captured" cotton processing market in Tajikistan

About ten cotton-cleaning plants in the south of Tajikistan were on the verge of bankruptcy after the Chinese company "Dzhuntai Dangara Sin Silu Tekstil" entered the market two years ago, reports Central Asia News Service.

Many local enterprises could not stand the competition and closed. The fact is that the Chinese company buys cotton from dekhkan farms at a price of 5850 somoni  (634 dollars) per ton. Our factories have no such money. It is understood that it is more profitable for dehkans to sell the grown crop at a higher price", - said Muslihiddin Fazliddinov, general director of the cotton-processing company "Samar" in the Voseisk district

According to him, two years ago their plant in the Voseisk district processed about 25 tons of cotton fiber and 60 to 80 local residents were provided with seasonal work. "Now the company is not working",  - said Muslihiddin Fazliddinov. He admits that the equipment of most of the cotton cleaning plants in the Kulyab region is a legacy of the Soviet Union.

According to the authorities, there are 14 cotton cleaning factories in the Kulyab region. Today, only 5 are working - four of them are in Kulyab and Farkhor, and one in the Voseisk district

"The Chinese have different conditions. They have no problems with obtaining a soft loan - Chinese banks give them without any problems. Because of this, their enterprises are equipped with the most modern equipment. In addition, the Government of Tajikistan provided the benefits of a Chinese company. We do not have such benefits", - noted the general director of Samar plant.

"The Qazaq Times"