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Economy 30/11/2024 Red Dragonfly to invest US$10 million in Uzbekistan

Red Dragonfly to invest US$10 million in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) —  During a visit by the Uzbek government delegation to China, Akmal Sultanov, Chairman of the "Uzcharmsanoat" Association, held talks with the Chinese company Zhejiang Red Dragonfly Shoes regarding a new US$10 million investment project.

The project aims to establish the production of footwear and fur products under the "Red Dragonfly" brand in Uzbekistan, leveraging local small industrial zones specializing in leather manufacturing.

In December, representatives of Red Dragonfly will visit Uzbekistan to evaluate potential sites for the project.

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