Foreign Direct Investments

Investment Proposal on

establishment of 8 new footwear enterprises in Surkhandarya, Tashkent, Bukhara, Namangan, Andijan, Ferghana regions, Tashkent city and Republic of Karakalpakstan

1. Name of Project:

Establishment of 8 new footwear enterprises in Surkhandarya, Tashkent, Bukhara, Namangan, Andijan, Ferghana regions, Tashkent city and Republic of Karakalpakstan

2. General information on project initiator:

Location: 41 Beruniy str., Tashkent, the Republic of Uzbekistan,

Tel.: (+99871) 230-52-85, tel / fax: (+99871) 230-52-83

e-mail: uzleather@rambler.ru

Responsible: Mr. Mirsaid Zakhidov, Head of foreign economic relations unit.

3. Information on enterprise, on the basis of which planned implementing of the project (in the presence of):

New construction

4. Information on project:

4.1. Marketing:

Production of 2 million pairs of shoes per year.

There provided for selling 85% of product in domestic and 15% in foreign markets.  

Markets: Pakistan, Turkey, India, Russia

4.2. Production:

Supply with local raw materials - 60%. The main raw materials are skins of cattle and small cattle, which available in sufficient quantities;

There will be created 300 job places, including 80 - for technical and engineering employees and 220 - for workers.

4.3. Construction, reconstruction or modernization:

Direction of investments - new construction;

There required providing the facility with motorway, water-supply, sewer system, gas and electricity supply.

4.4. Financing:

Estimated cost of project - 6 million USD, including construction costs;

Expected date of putting the facility into operation - August 2014,

Construction time - 24 months.

5. Expected results of the project:

The expected annual revenue of 80,000 mln.;

Export volume is 6000 thousand USD

Expected results of the project:

Expected annual proceeds make up 80,000 mln.;

Export volume make up 6000 thousand USD.

6. State of development and examination of documentation to the project:

Under development.

PASSPORT

of the Investment Proposal on

establishment of 8 new footwear enterprises in Surkhandarya, Tashkent, Bukhara, Namangan, Andijan, Ferghana regions, Tashkent city and Republic of Karakalpakstan

Equivalent:1$=1717,5 somto 2011.