In accordance with the TV broadcast “Takhlilinoma” of “Uzbekistan 24” TV channel, the Chinese company “Chung Woon Brake” will create an individual entrepreneurship for the production of brake pads in Uzbekistan.

The president of the company noted that the enterprise is planned to be established on the territory of the free economic zone “Jizzakh” or “Angren”. The estimated production volume is 600,000 sets.

“By 2020, the volume may increase up to 1.2 million sets,” he stated.

According to him, the initial volume of investment is $1.5 million. The construction of the enterprise is scheduled in early 2019. In addition, it is planned to create 60 new jobs.

“30% of finished products will be delivered to the domestic market, 70% will be exported to the countries of the CIS, the Middle East and other regions,” head of the company noted.