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Negotiations were held with the South Korean company “Dong-A Electric” to organize the production of modern electrical products

The Embassy of Uzbekistan in Seoul organized negotiations via videoconferencing between First Deputy Chairman of the Uzeltekhsanoat Association Mansur Khoshimov and Senior Executive Director of Dong-A Electric Company Kim Tae U. The meeting was also attended by senior officials from the Ministry of Investment and Foreign Trade of Uzbekistan.

During the talks, the parties discussed the issue of the practical start of the implementation of the project for the production of modern electrical products in Uzbekistan with the participation of the South Korean company “Dong-A Electric”.Kim Tae Woo noted that Dong-A Electric manufactures various types of advanced electrical products, including smart solutions in the industry. He voiced the interest of his company in the creation of high-tech production in Tashkent, aimed at the production of export-oriented competitive electrical products.

It was emphasized that there are all the conditions for organizing this production in Uzbekistan – a rich raw material base, highly qualified specialists, a favorable investment climate, market volume in the country and neighboring countries. The Dong-A Electric company is ready to provide its modern technologies to establish the production of finished products in Uzbekistan with high added value.

The parties reached an agreement to continue the active exchange of information and conduct the next negotiations in the online format.