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Economy 02/08/2023 EliteLine-2023: an investor from Germany sends 100 million euros to the Uzbek leather industry
EliteLine-2023: an investor from Germany sends 100 million euros to the Uzbek leather industry

Tashkent, Uzbekistan (UzDaily.com) -- Member enterprises of the Uzcharmsanoat association continue to actively participate in the EliteLine and CAF international exhibitions held in the Kazakh city of Alma-Ata. On the next day of the exhibitions, the manufacturers of our country held negotiations with investors from Germany, Russia, Turkey and Kyrgyzstan. Preliminary agreements were reached on the development of mutual cooperation.

In particular, following the results of negotiations between the domestic company Ulkan-Laziz and the German investor, the issue of allocation by the German side of 100 million euros of investments for joint projects was agreed. 

New enterprises for leather processing and footwear production will be launched in Uzbekistan. It is also assumed that new projects will be implemented in the textile and construction industries. Next week, a German investor will visit Uzbekistan and get acquainted with the business environment and production processes in our country. It is planned to sign preliminary agreements on the implementation of joint projects in the Uzcharmsanoat association.

Also at the exhibition, the leading distributors of the Russian Federation showed great interest in seasonal footwear produced in Uzbekistan. In particular, during negotiations between Sharq Ravon and a large Russian retail chain, a preliminary agreement was reached on the supply of seasonal footwear. At the initial stage, the Russian side plans to purchase 20,000 pairs of shoes.

During a meeting between the leadership of the Uzcharmsanoat Association and the Turkish KSAID, the parties discussed the possibility of establishing multifaceted cooperation, including in exhibition activities and ensuring the participation of Turkish companies at the international exhibition UzCharmExpo-EurAsia-2023 in Tashkent.

 

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