Hansae Mobility opens Uzbekistan plant to expand Central Asian business
QUVASOY, Uzbekistan — Hansae Mobility, a Korean automotive parts manufacturer supplying global automakers producing both internal combustion engine vehicles and electric vehicles (EVs), has expanded its overseas production capacity with the completion of a new plant in Quvasoy, in Uzbekistan's Fergana Region. Hansae Yes24 Group's automotive parts subsidiary held a completion ceremony for the…
Quvasoy, Uzbekistan — Hansae Mobility, a Korean automotive parts manufacturer catering to global automakers in both traditional and electric vehicle production, has recently opened a new facility in Quvasoy, Uzbekistan's Fergana Region. The event marked the completion of the plant, which took place on Tuesday at a free economic zone within Quvasoy. The facility is run by Hansae Mobility Turan, a wholly-owned Uzbek subsidiary of Hansae Mobility.
The completion of the plant was celebrated by the presence of Hansae Mobility CEO and Hansae Vice Chairman Kim Ik-whan, Mirzohid Ubaydullayev, the first deputy governor of Fergana Region, as well as representatives from both Korea and Uzbekistan. This development is poised to enhance Hansae Mobility's ability to swiftly deliver its products to clients in Uzbekistan, while simultaneously broadening its customer reach across neighboring countries within the Commonwealth of Independent States (CIS).
Prior to the establishment of this plant, Hansae Mobility had to export the necessary automotive parts from Korea, limiting their supply chain efficiency. With the new Uzbek facility now operational, the company can now bypass export procedures and streamline its production processes, ultimately benefiting both its clients and the local Uzbek economy.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
