Uzbekistan and Hebei Boxing Intelligent Launch New Industrial Projects
Tashkent, Uzbekistan (UzDaily.com) — During a visit to China, a delegation led by First Deputy Minister of Investments, Industry, and Trade Nodirjon Kholmurodov held talks with the management of Hebei Boxing Intelligent Co. LTD. Representatives of the “Uzcharmsanoat” Association also participated in the discussions.
The meeting focused on prospects for establishing production facilities in Uzbekistan’s industrial zones. At the first stage, the Chinese side presented a plan to launch joint manufacturing of specialized footwear with the involvement of local enterprises. The finished products will primarily target markets in Central Asia and CIS countries.
In the future, Hebei Boxing Intelligent plans to implement a new industrial project worth USD 10 million within Uzbekistan’s special industrial zones. The initiative is expected to create additional jobs, boost export potential, and expand production capacities.
The Uzbek delegation provided information on the favorable conditions for foreign investors in the country, including tax and customs incentives, infrastructure support, and opportunities within free economic zones, opening broad prospects for further cooperation.