The website of the Ministry of Investment, Industry and Trade of Uzbekistan reported on March 15 that the Asia-Pacific Bureau of the Ministry of Investment, Industry and Trade of Uzbekistan recently held a meeting with the Vice Chairman of Posco Steel Group of South Korea. Exchange views on launching investment projects in Uzbekistan.
The Korean side pointed out that Posco International Textiles, a light industry company under the group, has been operating in Uzbekistan since 1996 and operates in Fergana and Bukhara 3 Home textile yarn factory, 2 knitting factories, business is booming. The two sides discussed in detail the feasibility of expanding textile cluster operations in Fergana Oblast, introducing new cotton gins, and establishing new textile production lines, and discussed expanding investment in Uzbekistan and establishing new textile clusters in Kashkadarya and Tashkent Oblasts. Exchange opinions. The two parties agreed to maintain regular meetings and consultations to promote the implementation of joint projects.
