Hansae Mobility Opens $30M Plant in Fergana

South Korean company Hansae Mobility has opened an industrial plant in Quvasay—part of the Kokand Special Economic Zone in Fergana Region, Uzbekistan. The investment totaled $30 million USD.

Attending the opening ceremony were First Deputy Governor of Fergana Region Mirzohid Ubaidullaev, Hansae Mobility Vice Chairman Kim Ik Hwan, Hansae Mobility Executive Director Chon Dae Won, and Deputy Chairman of JSC Uzavtosanoat Davronjon Hidoyatov.

The plant has already created over 100 jobs. By the end of 2026, the company plans to expand its workforce to 140 employees, with prospects to reach 250 staff members. Production has begun fulfilling orders, while negotiations are underway on new contracts.

Ceremony participants discussed the project's significance for industrial development in the region and strengthening bilateral economic ties between Uzbekistan and the Republic of Korea. Company representatives expressed gratitude to regional authorities for their support of the investment initiative.