Turkish investor plans to launch production of women’s shoes in Uzbekistan

The “Uzcharmsanoat” Association held a meeting with an investor from Turkey, Mr. Emin Deniz. The topic of negotiations is attracting investments to Uzbekistan and an initiative to create a new enterprise for the leather and footwear industry in our country.

At the beginning of the meeting, the guest was acquainted with the production potential of the leather and footwear industry in Uzbekistan. The leadership of the Association informed him in detail about the conditions and opportunities created in our country for foreign investors, tax and customs benefits.

During the negotiations, Mr. Emin Deniz stated that he intends to produce women’s shoes in Uzbekistan. According to the guest, thanks to state support, today many Turkish companies are showing interest in investing in Uzbekistan.

At the meeting, the conditions for the creation of a new enterprise, which will be located in the Samarkand region, were discussed in detail. A proposal to establish cooperation links with local companies producing finished leather and soles for shoes was approved. An agreement was reached to organize the next round of negotiations to determine further prospects for cooperation. The products of the new enterprise will be exported to the markets of Russia and European countries. The entire range will be created only from genuine leather and materials.

At the end of the meeting, further prospects for cooperation were analyzed in detail.