Korean business interested in investing in Ferghana region

Tashkent, Uzbekistan (UzDaily.uz) — Korean companies have expressed interest in implementing investment projects in Ferghana region. This was announced during a meeting between Ferghana Region Governor Khayrullo Bozorov and representatives of the South Korean business community in Seoul.

The meeting was held as part of the working visit of the head of Ferghana region to the Republic of Korea.

The talks were attended by executives of Wonvain Co., Ltd, Euro Rent-a-Car Co., Ltd, Geumchang Development, China Shanghai Qigu Investment Co., Ltd, Zhejiang Caihua Technology Co., Ltd and KSW Co., Ltd, as well as representatives of the Association of Entrepreneurs and Economists of Goyang City.

The participants discussed expanding investment and trade and economic cooperation between Ferghana region and Korean business circles, as well as prospects for preparing and implementing new projects.

Company representatives presented investment proposals for Ferghana region in the fields of energy, industry, construction and cosmetics production.

The Korean side was also briefed on the region’s economic and investment potential, industrial infrastructure, opportunities available in free economic zones and small industrial zones, as well as conditions for foreign investors.

Khayrullo Bozorov said Ferghana region is interested in developing long-term and mutually beneficial cooperation with companies from the Republic of Korea. According to him, promising initiatives will receive the necessary organizational and practical support at all stages of implementation.

Representatives of Korean businesses expressed significant interest in the investment climate and opportunities in Ferghana region and confirmed their readiness to continue cooperation in the areas presented.

Following the meeting, the sides agreed to further develop the proposed initiatives, prepare specific investment projects and continue direct contacts.