Nike and Adidas to launch production in Uzbekistan
Uzbekistan has a sufficient volume of high-quality leather raw materials, the labour force is much cheaper. These advantages, with the right approach, would increase the number of well-known brands that produce products here, Boboev noted.
Uzcharmsanoat Association has signed a number of agreements with international brands.
"We have an agreement with leading companies like Nike and Adidas to enter our market. The production of sports shoes will be established in the Andijan region. Sinointernational JV LLC plans to produce 3 million pairs of sneakers under the world-famous brand on the terms of outsourcing, " the head of the Association, Fakhriddin Boboev said.
He noted that 15 new export markets are expected to open over the next three to five years, mainly in Europe and South-East Asia.
Uzbekistan has a sufficient volume of high-quality leather raw materials, the labour force is much cheaper. These advantages, with the right approach, would increase the number of well-known brands that produce products here, Boboev noted.
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