An investor from China plans to launch a major leather processing project in Uzbekistan, according to Uzcharmsanoat, a trade association focused on the country's leather and footwear industries.
Founder of Uychi Chemicals Han Laiqing met with Uzcharmsanoat officials on April 28 for talks on organisational and practical aspects of the planned investment.
The investor plans to organise full-chain leather production in Tashkent region and arrange the preparation of raw materials.
The initial cost of the project has been estimated at $8mn.
At the meeting, the expansion of production capacities for the production of finished leather and semi-finished leather products and requirements for export were also discussed.
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