Noritsuisu Co. Ltd is implementing an investment project for the production of high-quality office furniture for various purposes
Tashkent, Uzbekistan (UzDaily.com) -- Ambassador of Uzbekistan to Japan Mukhsinkhuja Abdurakhmonov held talks with the chairman of Noritsuisu Co. Ltd Michio Aoki.
During the meeting, the process of implementing an investment project to establish the production of a wide range of high-quality furniture for educational, medical and office purposes in the city of Tashkent was discussed.
Chairman of Noritsuisu Co. Ltd Michio Aoki spoke about the work done following the results of two visits to Uzbekistan. Thus, the Japanese side established the ACES Japan furniture production company with the participation of foreign capital, in which US$650,000 have already been invested. The total cost of the investment project is US$3 million. It is planned to produce more than 5 thousand pieces of furniture annually with the subsequent expansion of production capacities. Commissioning and production are scheduled for 2023.
At present, representatives of the Japanese company are working on completing equipment for delivery to Uzbekistan. In addition, the possibilities of localizing components and materials in the republic, as well as their purchase from Uzbek manufacturers, are being worked out.
Michio Aoki said that he is studying the possibilities not only of selling products in the domestic market of Uzbekistan, but also of exporting them to neighboring countries.
Head of Noritsuisu Co. Ltd plans to visit Uzbekistan in December to resolve organizational and technical issues related to the launch of production.