Tokmak tannery purchased

An un-named Kyrgyz-Chinese company are reported to have purchased the uncompleted Tokmak tannery in Kyrgyzstan, according to BISNIS, part of the US Department of Commerce, Washington DC. The municipal government in Tokmak reported that the new owner will continue the construction of the tannery in March, with new equipment to be installed later on. The tannery is expected to start operation in July or August this year. Investments are expected to total US$3.5 million. The Tokmak tannery will employ 460 people and will process more than a million hides and skins each year.