“Caravan SK” will launch a leather production plant in Akhangaran

The chairman of the “Uzcharmsanoat” association, Fakhriddin Boboev, held a dialogue with the head of the Russian company “Caravan SK”, the press service of the association reports. The main topic of the meeting was the implementation of an investment project aimed at the production of finished leather through deep processing of raw materials in our country.

During the negotiations, organizational and practical aspects of the implementation of the new investment project were discussed in detail. A foreign investor expressed a desire to implement this investment project in a small industrial zone for the production of leather, footwear and fur products, created in the Akhangaran district of the Tashkent region. To implement the project, the investor will make direct investments in the amount of $4.5 million.

The Russian company was provided with information about a number of benefits provided to enterprises in the leather industry network in accordance with the Decree of the President of the Republic of Uzbekistan “On measures to further accelerate reforms in the leather, footwear and fur industry and increase the export potential of the industry”, issued on October 11 of this year.

The foreign company was provided with information on organizational issues of participation in the competition for the online sale of land plots in the small industrial zone created in Akhangaran.

The Association has begun practical actions to allocate land to a foreign investor in the appropriate manner.