BAKU, Azerbaijan, August 5. South Korea's AHA
Co., Ltd. plans to launch a $20 million manufacturing facility in
Uzbekistan's Fergana region in September, producing interactive
electronic boards, electric vehicle chargers and medical equipment
for domestic and export markets.
This was reflected in the statement by the Fergana Regional
Administration.
The project was discussed during a meeting between Fergana
Governor Khayrullo Bozorov and a delegation led by AHA Co., Ltd.
CEO Koo Gi Do, which also included representatives of the company's
Chinese partners.
According to the regional administration, construction of the
facility in Eco City is nearing completion, with commissioning
scheduled for September.
"The production facility is planned to be commissioned in
September this year," Koo Gi Do said, according to the regional
administration.
The new plant will manufacture interactive flat-panel displays
(IFPDs), electric vehicle charging equipment, medical devices and
other products, targeting both Uzbekistan's domestic market and
export destinations.
The meeting also covered joint initiatives in information
technology and education, as well as opportunities to expand
cooperation through new investment projects.
Koo said the company is working with Chinese partners to
establish local production of components and spare parts while also
seeking grant financing for projects in the education and
information technology sectors.
Bozorov praised the South Korean investor's progress in
implementing the project and welcomed its efforts to attract
additional international partners to the region. He reaffirmed the
regional government's commitment to supporting foreign investors
and facilitating the implementation of promising investment
initiatives.
The parties also reviewed the remaining steps required to
complete the project and begin operations, with regional officials
instructed to promptly address outstanding implementation
issues.
The investment reflects Uzbekistan's broader strategy of
attracting foreign manufacturers, expanding high-value industrial
production and increasing exports through localized manufacturing
and international technology partnerships.
