Tashkent, Uzbekistan (UzDaily.com) -- A meeting was held at the Uzcharmsanoat association with the general director of Kuangda auto parts, part of the Kuangda Technology Group. The parties examined in detail the prospects for implementing an investment project to launch a plant for the production of artificial leather in Uzbekistan.

At the beginning of the dialogue, the foreign company was provided with detailed information about the reforms being implemented in the country, the rapid development, production, investment and export potential of the industry. The conditions created in specialized small industrial zones in 16 regions of our country are presented separately.

Kuangda auto parts was established in 1993 in cooperation between China and South Korea. The company specializes in the production of environmentally friendly synthetic leather, seat covers, non-leather car interior materials and spare parts, as well as automotive composite processing. Having built an effective system of integrated production chains, the company today provides customers with many variations of design solutions for car interiors.

Since last year, the company, together with UzAuto, has been working on the implementation of a new investment project in our country. The project is planned to be implemented in three stages. Initially, the production of laminate, non-leather materials and spare parts will be launched; in the future, it is planned to master the production of artificial leather.

It should be noted that in Uzbekistan the demand for artificial leather in the automotive, leather, footwear and furniture industries is constantly growing. Therefore, Kuangda auto parts LLC strives to implement a promising project here.

At the meeting, organizational, legal and financial aspects of implementing plans were discussed in detail.