Red Dragonfly Group, a well-known Chinese leather shoe manufacturing enterprise, officially announced that it will enter the Uzbekistan market in 2026. This move marks a crucial step for the brand in its global strategic layout and is also its first stop in expanding into Central Asia. The news was released by the Uzbekistan Leather Industry Association (Uzcharmsanoat), and the investment plan reached a preliminary consensus within the framework of official talks between China and Uzbekistan.

It is reported that Red Dragonfly's investment this time will focus on the leather and footwear manufacturing fields in Uzbekistan. Both parties have completed preliminary feasibility studies and conducted in-depth discussions on key links such as raw material supply, production infrastructure, and export logistics. According to the plan, Red Dragonfly plans to use Uzbekistan as a regional export center, radiating to the European and Middle Eastern markets.

In recent years, Uzbekistan has continued to promote the opening up of its light industry to the outside world, with a particular focus on developing leather processing and shoe manufacturing industries. Data shows that the total export value of shoes in the country reached 9.5 million US dollars in 2024, mainly sold to countries such as Afghanistan, Russia, and Kazakhstan. In order to attract foreign investment, the Ukrainian government has launched a series of supportive policies including tax reductions, land use rights, and tariff preferences, aiming to build the country into a "manufacturing hub in Central Asia".

For Red Dragonfly, Uzbekistan not only has abundant leather raw material resources, but also has complete industrial park facilities and superior geographical location, which meets its strategic needs of "relocating production areas and exporting nearby". This project is expected to create thousands of job opportunities for the local area, introduce advanced manufacturing equipment and digital production systems, and enhance the competitiveness of "Made in Uzbekistan" in the international market.

Industry analysis believes that Red Dragonfly's investment will not only help reduce its export costs and accelerate market response speed, but also promote the technological upgrading and added value enhancement of Uzbekistan's manufacturing industry, forming a mutually beneficial and win-win cooperation pattern. This project is expected to become a new model for Chinese manufacturing enterprises to invest in countries along the the Belt and Road, and further strengthen Uzbekistan's regional position as a connecting point of the Asia Europe market. (This article is from www.seetao.com, the official website of Daodao, and cannot be reproduced without permission. Otherwise, it will be prosecuted. Please specify the website of Daodao+the original link for reproduction.) See the editor of the the Belt and Road column of Daodao/Yang Beihua