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The Chinese company Shenyang Yuanda Intellectual Industry Group plans to produce elevators in Uzbekistan.

On June 10 of 2024, the “Shenyang Yuanda Intellectual Industry Group” Co., Ltd. and representatives of the Investment Promotion Agency held a meeting. Shenyang Yuanda is a leading manufacturer of elevators in China and exports its products to 140 countries. Shenyang Yuanda’s interest in Uzbekistan indicates recognition of the country’s potential for economic growth and investment opportunities. Establishing partnerships and understanding the legal and economic landscape of a country are crucial steps for any company looking to expand its operations internationally. It seems like Shenyang Yuanda and the Investment Promotion Agency are laying the groundwork for potential future collaboration that could be mutually beneficial.