The foreign company was provided with detailed information about the reforms being implemented in the country, the rapid development, production, investment and export potential of the industry. The conditions created in specialized small industrial zones in 16 regions of our country were presented separately.

For reference: Kuangda auto parts was established in 1993 in cooperation between China and South Korea. The company specializes in the production of eco-friendly synthetic leather, seat covers, non-leather materials for the interior of the car and spare parts, as well as composite processing of cars. Having built an effective system of integrated production chains, the company currently provides customers with many variations of design solutions for car interiors.

Since last year, the company has been working with UzAuto to implement a new investment project in our country. The project is planned to be implemented in three stages. Initially, the production of laminate, non-leather materials and spare parts will be launched, in the future it is planned to master the production of artificial leather.

It should be noted that in Uzbekistan, the demand for artificial leather in the automotive, leather, shoe and furniture industries is constantly growing. Therefore, Kuangda auto parts LLC strives to implement a promising project here.

Organizational, legal and financial aspects of implementing the plans were discussed in detail at the meeting.