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Turkish investors to establish production of leather products in Kazakhstan

Business Materials 4 September 2019 15:30 (UTC +04:00)

Baku, Azerbaijan, September 4

By Nargiz Sadikhova - Trend:

The Turkish company DESA is planning to establish manufacturing of leather products in Kazakhstan, Trend reports with reference to the press office of National Company KAZAKH INVEST.

In line with the initiative, foreign investors arrived on a working trip to Kazakhstan.

During the visit, the company examined existing infrastructure of the leather and fur factory in Semipalatinsk and raw materials available at the plant, and visited the Semipalatinsk leather factory.

DESA expressed an interest in exploring joint management with one of the tanneries operating in Kazakhstan, based on which DESA can gradually establish the entire production cycle, including finished goods.

“Our company owns three integrated factories for leather processing and leather goods manufacturing. We export products to the countries of the European Union, the United Kingdom, the USA, Japan and supply products for brands such as Prada, Armani, Chanel, Tommy Hilfiger, Marks & Spencer etc,” said Burak Celet, the CEO at DESA.

During the working visit, Turkish delegation visited a number of markets and boutiques in Almaty and got acquainted with the range of leather products.

At the same time, potential investors held negotiations with the Akimat of Semey city, the management of KAZAKH INVEST, the Investment Committee of the Ministry of Foreign Affairs, the Ministry of Agriculture, the Ministry of Industry and Infrastructure Development as well as met with representatives of the Association of Light Industry Enterprises.

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Follow the author on twitter: @nargiz_sadikh

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