The “Red Dragonfly” brand is ready to launch new investment projects in Uzbekistan!

The Deputy Chairman of the Association “Ўзчармсаноат”, M. Zakhidov, met with the leadership of the renowned Chinese brand “Red Dragonfly”. During the meeting, the first round of negotiations was held to implement the initial agreements reached in 2024 between the Chairman of the Association, A. Sultanov, and the brand’s leadership regarding investment cooperation.

The negotiations focused on the import of necessary components for shoe production from China, customs payments, and value-added tax (VAT). Additionally, the possibilities of producing the Chinese brand’s products in Uzbekistan and exporting them to the Russian market were discussed.

It should be noted that (https://t.me/uzcharmsanoat/3593) in 2024, at the Uzbekistan-China Business Forum held in Chengdu, China, an initial agreement was reached regarding the implementation of a new investment project worth 10 million dollars with the management of “Zhejiang Red Dragonfly Shoes” company.
It is expected that this project will contribute to the creation of new jobs in Uzbekistan, the development of the footwear industry, and the supply of competitive products to international markets. The Chinese brand will visit industrial zones and manufacturing enterprises in Samarkand, Jizzakh, and other regions, where negotiations on producing the brand’s products will take place.

This cooperation is expected to be an important step in advancing Uzbekistan’s footwear industry on a global level!