BAKU, Azerbaijan, September 15. Uzbekistan is
calling on South Korean companies to establish an Uzbek-Korean
industrial and technological alliance.
This was stated in a statement by the press secretary of the
Uzbek President, citing remarks made by President Mirziyoyev at the
Uzbek-Korean Business Forum.
In addition, according to information, the Uzbek side called on
South Korea to go beyond traditional investments and help develop
the country’s full-cycle manufacturing, technological, and export
capabilities, as well as
Speaking at the opening of the Uzbek-Korean business forum in
Seoul, Mirziyoyev described South Korea as a longstanding friend
and special strategic partner of Uzbekistan and urged Korean
businesses to invest in new production facilities, technologies and
infrastructure.
The president said Uzbekistan aims to become one of the region’s
key production, technology and export platforms by combining its
natural resources, human capital and growing domestic market with
South Korean technologies, engineering expertise and global
brands.
A major focus is the critical minerals sector. Uzbekistan plans
to implement 120 projects worth more than $4 billion in critical
minerals in the coming years. Mirziyoyev called for shifting away
from raw-material exports toward complete production chains, from
deep processing to the manufacture of high-tech finished
products.
The president also outlined plans to expand Uzbekistan’s
electrical engineering industry. By 2030, the country aims to
increase the sector’s output to $11 billion and exports to $5
billion, while transitioning from assembly operations to modern
full-cycle industrial clusters.
“Uzbekistan’s goal is not simply to produce more, but to create
new products, technologies and intellectual property,” Mirziyoyev
said, according to the Uzbek presidential press service.
He proposed bringing together South Korean companies,
universities and research centers with Uzbek partners to develop
new technologies and products.
In pharmaceuticals, Uzbekistan invited leading Korean companies
to establish a biopharmaceutical cluster combining research,
clinical capabilities and manufacturing.
Human capital was also identified as a priority, with Mirziyoyev
proposing a unified Uzbek-Korean program to train engineers for
emerging industries.
Korean investors were also invited to participate in transport
and urban infrastructure projects, including facilities in New
Tashkent, airports, railways, highways and logistics centers.
Mirziyoyev said Uzbekistan could serve as a production and
export hub for Korean companies across Central Asia. To turn these
proposals into concrete projects, he proposed establishing the
Uzbek-Korean Industrial and Technological Alliance.
