Ulsan Entrepreneurs Study Investment Projects in Uzbekistan's Fergana Region
Read more
UzDaily
uzdaily.uz

Ulsan Entrepreneurs Study Investment Projects in Uzbekistan's Fergana Region

A delegation from the Fergana region, led by Governor Khayrullo Bozorov, held a business meeting with representatives of the business community from the South Korean metropolis of Ulsan. The regional administration reported that the parties discussed proposals for implementing joint projects in the Fergana region.

The discussed initiatives covered sectors such as industry, light industry, cosmetics production, services, and professional training. Special attention was paid to cooperation with KOLPING CO., LTD, which specializes in the production of modern clothing and equipment for sports, tourism, and active recreation. This company expressed interest in establishing a relevant partnership in the Fergana region.

Representatives from Ulsan Pipe Cleaning, Carpos, and HANKEI HOLDINGS also presented project proposals in the fields of industrial production, cosmetics manufacturing, and other areas. Participants discussed the possibilities of implementing these projects in Fergana, establishing ties with local entrepreneurs, and organizing production processes.

Significant attention was given to human capital development. It was proposed to create a center in the Fergana region for training people in modern professions, organize vocational training for youth in the Korean language and in in-demand specialties, and promote the employment of qualified specialists in the Republic of Korea.

Khayrullo Bozorov supported the presented initiatives and invited South Korean entrepreneurs to visit Fergana. Following the meeting, the parties agreed to develop specific parameters for each project, identify local partners, and begin the practical implementation of the agreements reached.

Similar stories

Fergana Region and ShinWon Discuss Textile Projects and Investment Cooperation
Read more
uzdaily.uz

Fergana Region and ShinWon Discuss Textile Projects and Investment Cooperation

The Fergana Region and the South Korean corporation ShinWon held discussions on prospects for investment interaction and the development of finished textile production.

Discussion of Cooperation Potential and Directions

The Governor of the region, Khayrullo Bozorov, met with Sun Hwan, the company's Vice President for Industrial Strategy. The parties reviewed opportunities to utilize the region's production potential to increase the output of high value-added finished products, expand exports, and implement joint investment projects in the textile, sewing, and knitwear industries.

Representatives of ShinWon Corporation familiarized the delegation with the textile industry's production base in the Fergana Region, as well as the availability of qualified personnel and opportunities to increase the production of ready-made clothing for subsequent entry into foreign markets.

During the negotiations, emphasis was also placed on implementing modern technologies and international standards in the production of ready-made clothing, as well as integrating local enterprises into global supply chains and increasing product supplies to international markets.

ShinWon Corporation specializes in clothing manufacturing, working in the fashion industry, and exports. The company produces clothing for men, women, and children and provides OEM and ODM manufacturing services to international clients. Its products are supplied to more than 40 countries. Additionally, the company develops its own fashion brands in the domestic market of the Republic of Korea.

Khayrullo Bozorov emphasized the favorable conditions created in the Fergana Region for foreign investors and expressed the region's readiness to support the implementation of mutually beneficial projects with ShinWon Corporation.

At the end of the meeting, the parties agreed to study the promising areas of cooperation in detail and continue practical dialogue on partnership issues.

Popular