{
  "id": 7933890,
  "title": "Hansae Mobility increases commitment in Uzbekistan",
  "url": "https://urgent.news/2026/09/17/hansae-mobility-increases-commitment-in-uzbekistan",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-17T03:02:04.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260917/hansae-mobility-increases-commitment-in-uzbekistan"
  },
  "original_language": "en",
  "account": "Hansae Yes24 Group, a leading South Korean conglomerate, is intensifying its commitment to Uzbekistan, according to recent reports. The conglomerate recently attended a Korea-Uzbekistan business forum in Seoul to discuss expanding investment and localizing operations in the Central Asian nation. The event, co-hosted by Uzbekistan President Shavkat Mirziyoyev and Korean Prime Minister Han Seong-sook, brought together government officials and business leaders from both countries to discuss Uzbekistan's investment climate and strategies for enhancing economic cooperation.\n\nAmong the prominent attendees were Hansae Yes24 Group executives, including Vice Chairman Kim Suk-hwan, Vice Chairman Kim Ik-whan, and Hansae Mobility CEO Sung Nag-gon. Hansae Mobility, a key growth engine for the conglomerate, has been actively working with Uzbekistan's automaker UzAuto Motors since its inception. The Korean company began localizing the production of essential automotive components in Uzbekistan last year and commenced full-scale mass production operations this month.\n\nIn a strategic move to bolster their presence in the Uzbek market, Hansae Mobility has announced plans to invest a total of $25 million in the country. The conglomerate has already invested $13 million in the first phase of its investment this year and intends to add an additional $1 million in the upcoming stages. The focus of these investments is on Fergana Province, a key region in Uzbekistan known for its automotive industry.",
  "summary": "Senior executives from Hansae Yes24 Group attended a Korea-Uzbekistan business forum in Seoul as the conglomerate moves to expand investment and localize operations in Uzbekistan, the group said Thursday. Hansae Yes24 Holdings Vice Chairman Kim Suk-hwan, Hansae Vice Chairman Kim Ik-whan and Hansae Mobility CEO Sung Nag-gon joined the forum at the Shilla Seoul hotel on Tuesday. The event, jointly…",
  "key_points": [
    "Hansae Yes24 Group intensifies commitment to Uzbekistan.",
    "Hansae Mobility invests $25 million in Uzbekistan.",
    "Investments focus on Fergana Province's automotive industry."
  ],
  "editors_take": "Hansae Mobility's increased investment in Uzbekistan solidifies its partnership with local automaker UzAuto Motors and cements its foothold in the country's burgeoning automotive industry, particularly in Fergana Province.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Hansae Mobility increases commitment in Uzbekistan",
        "url": "https://urgent.news/2026/09/17/hansae-mobility-increases-commitment-in-uzbekistan-7938742",
        "published": "2026-09-17T03:37:03.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}