Ferghana, Pyeongtaek Discuss Economic Cooperation

Tashkent, Uzbekistan (UzDaily.com) — On 13 March, the Ferghana Regional Information and Library Center hosted the “Ferghana–Pyeongtaek” business forum, focused on developing economic cooperation between the region and the city of Pyeongtaek, South Korea.

The forum brought together business representatives from both countries, entrepreneurs, leaders of chambers of commerce and industry, and sectoral organizations.

Khayrullo Bozorov expressed gratitude to the delegation, led by Pyeongtaek Mayor Chung Chang-sun, and highlighted that Uzbekistan–Korea relations are entering a new stage of development. He noted that the upcoming first “Central Asia–Korea Summit,” scheduled for 16–17 September in Seoul, reflects the consistent strengthening of bilateral ties.

Bozorov also emphasized Ferghana’s successful collaboration with Pyeongtaek, an important industrial and innovation hub in South Korea with expertise in semiconductors, advanced manufacturing, logistics, and emerging technologies. More than 50 enterprises with Korean capital are currently operating in the Ferghana region, with activities continuing to expand.

Mayor Chung Chang-sun underscored that strategic partnerships between the countries are actively developing, and cooperation with Ferghana plays a key role in strengthening business relations.

Leaders of the Ferghana and Pyeongtaek chambers of commerce, along with the vice president of the Korea–Uzbekistan Business Association, noted that the memorandum signed between the regions provides a solid legal foundation for joint projects.

During the forum, a video highlighting Ferghana’s investment appeal was presented, and Deputy Hokim Nuriddin Mamadjonov delivered a presentation on the region’s investment and export potential.

The business forum continued with B2B meetings, where entrepreneurs discussed opportunities for collaboration in textiles, agricultural processing, automotive production, and other sectors of the economy.