Economy

Investors from China plan to build sanitary ware factory in Kyrgyzstan

Investors from China are planning to build a sanitary ware factory in Kyrgyzstan. This became known during the meeting of Deputy Director of the National Investment Agency under the President of Kyrgyzstan Nuradil Bayasov with representatives of the Chinese Arrow Home Group Co., Ltd.

The meeting was held with the assistance of the Consul General of the Kyrgyz Republic in Guangzhou Ergeshov, who has been negotiating with this company for a year.

The purpose of the visit of representatives of this company is to negotiate the possibility of building a plant for the production of sanitary ware in Kyrgyzstan to develop the markets of the EAEU, Central Asia and Europe.

The Chinese side is represented by Jenny Peng, Regional Director of the International Cooperation Department of Arrow Home Group.

The trademark was registered in 2013, and listed on the Shenzhen Stock Exchange in August 2022, according to China’s National Corporate Credit Information System, and was able to raise more than USD 200 million in one month. The company’s annual turnover is USD 1.5 billion.

 

Source
Kabar.kg

TuraNews

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