Dagestan, Uzbekistan to create joint venture

Dagestan, Uzbekistan to create joint venture

© Photo: Andrey Murin/Vestnik Kavkaza

A joint venture for the production of fiberglass will be created by Dagestan and Uzbekistan. The creation of a joint venture allows the countries to increase the competitiveness of products and expand their range.

Dagestan and Uzbekistan intend to create a joint venture for the production of fiberglass.

“We, together with entrepreneurs of the Republic of Uzbekistan, are considering to create a joint venture. We make and export glass beads, and in Uzbekistan, at a joint venture, they will be used to make glass fiber,”

- Chairman of the regional government Abdulmuslim Abdulmuslimov said.

Fiberglass has a number of advantages, such as high strength, fire and chemical resistance. It is used in the production of composite materials, insulation materials, building constructions and many other fields. The creation of a joint venture allows both countries to save resources, increase the competitiveness of products and expand the production range.

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