Chinese brand Red Dragonfly expands investment plans in Uzbekistan

Chinese Company Red Dragonfly expressed readiness for implementation new investment projects in Uzbekistan. Within the framework of the working meeting, the following events were held first round of negotiationsaimed at specification of agreementspreviously reached between Chairman of the Association A. Sultanov and brand management.

Key aspects of negotiations

During the discussions, special attention was paid to:

• Import of components for the production of shoes from China;
• Customs payments and conditions of taxation, including VAT RATE;
• Prospects for local production brand products in Uzbekistan;
• Export options Red Dragonfly shoes for the Russian market.

Background of investment cooperation

In 2024, on Uzbek-Chinese business forum A prisoner was imprisoned in Chengdu preliminary agreement with the company Zhejiang Red Dragonfly Shoes. According to the agreements reached, it is planned to investing $ 10 million to a new production project in Uzbekistan.

Expected results

The implementation of this project will create new jobs, encourages the development of the footwear industry and opens access for competitive products to international markets.

In the near future, the company's representatives will visit industrial zones and production facilities in Samarkand, Jizzakh and other regions. Purpose of the session — search for optimal production sites and discuss the details of cooperation with local partners.