Hansae Mobility opens $30mn auto components plant in Kuvasay
South Korean company Hansae Mobility has launched an auto components production enterprise in the Fergana region with an investment volume of $30 million.
The plant began operating in the Kuvasay branch of the Kokand Free Economic Zone. According to UzDaily, more than 100 jobs have been created at the site. By the end of 2026, the staff is planned to be increased to 140 employees, and in the future - to 250 people. The enterprise has already started fulfilling orders and is negotiating new contracts.
On the opening day, the plant was visited by the hokim of the Fergana region, Khayrullo Bozorov, reports the government portal. The head of the region got acquainted with the production processes and held talks with the delegation of the South Korean company headed by the Deputy Chairman of Hansae Mobility, Kim Ik Hwan.
During the meeting, the expansion of capacities, deepening of localization, and organization of supplies of auto components to the markets of Central Asian and European countries were discussed. In addition, the participants of the dialogue touched upon the prospects of investment projects in the textile sphere of the region.
What it means
The new enterprise in the Fergana region has created over 100 jobs, with plans to expand the staff to 140 positions by the end of 2026 and to 250 in the future.
Sources
- Правительственный портал: "Hansae Mobility” va Farg‘ona: ishonchli hamkorlikning amaliy samarasi government body
- UzDaily: Hansae Mobility запустила завод в Ферганской области media outlet
This article was prepared with the help of AI and translated from the Russian original. Spotted an error — let us know.
Published 15 October 2026, 21:47 · No updates · Russian original
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