As part of the Working Group’s official visit to the Republic of Korea, a meeting was held with compatriots residing and working in the country. The discussions focused on promising initiatives aimed at implementing new investment projects across Uzbekistan’s regions, expanding production capacity, and creating additional employment opportunities.

The participants reviewed regional investment opportunities, human capital development, public administration efficiency, and potential areas of cooperation to support regional development.

▫️ U. Kadirov, founder of Korea Cosmetics CIS, proposed establishing cosmetic manufacturing facilities in Tashkent Region using Korean technologies.

For reference, the company exports cosmetic products to the United States, CIS countries, and Europe.

▫️ H. Mahmudov, founder of HM Group, and N. Sharipbayev, founder of Nursaid Co, proposed establishing the “Namangan Automotive Transport Free Trade Zone” in Davlatobod District, Namangan Region.

The project envisages importing vehicles from Korea and other countries, repairing and retrofitting them, and subsequently exporting them to neighbouring countries. The initiative is expected to create 1,500 new jobs.

HM Group and Nursaid Co are major business entities engaged in automobile trading in Korea.

▫️ A. Palvanov, Director of X-Sight Inc., proposed deploying an autonomous multispectral monitoring system of his own design to enhance industrial safety, security operations, and continuous surveillance of critical infrastructure facilities.

The system can monitor an area of approximately 30 km² using a single camera. The developer expressed readiness to install and launch the system as a 24/7 pilot project on a street in Uzbekistan.

▫️ M. Isomova, EMEA Division Manager at LS Electric, proposed establishing the “GLOBAL UZBEKISTAN” platform to introduce international audiences to Uzbekistan and provide accessible information about everyday life in the country.

The platform is envisaged as a source of concise, user-friendly content covering daily life, market prices, national cuisine, customs and traditions, and other topics of interest to international audiences.

▫️ Sh. Mukhtorkhonov, a software engineer based in Busan, proposed developing a national tourism data platform in Uzbekistan drawing on the experience of Korea’s Tourism Data Lab.

The platform would consolidate data on the number of international visitors, tourist attractions visited, travel routes, and expenditure on various services and products.

In addition, a proposal was put forward to introduce an escrow system in the tourism sector to facilitate the secure and reliable transfer of funds between parties.

This engagement provides an important opportunity to channel the expertise, entrepreneurial capacity, and international networks of compatriots working in Korea towards regional development in Uzbekistan, attracting new investment, and expanding employment opportunities.