Active efforts are underway to develop the leather industry in the Republic of Karakalpakstan, creating favorable conditions for attracting investments. During a meeting with industry entrepreneurs, representatives of "Uzcharmsanoat" Association, the Chamber of Commerce and Industry, and the Xalq Banki discussed the implementation of new projects aimed at modernizing production and expanding the range of products.
The possibility of using the Xalq Banki's credit lines to finance investment projects was considered at the meeting. The bank offered to provide necessary financial resources to investors under favorable conditions. Moreover, work is being done to identify growth points in various districts of Karakalpakstan. This approach will ensure uniform development of the sector throughout the entire territory of the republic and create new jobs.
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