“INDUSTRIAL FAIR AND COOPERATION EXCHANGE DEMONSTRATED THE GROWING EXPORT POTENTIAL OF THE UZBEK ECONOMY”

The Manager, specializing in the production of equipment in the energy sector of the South Korean company BHI Co. Ltd. Kim Han Sung, said it in interview with “Jahon” IA.

According to the source, the active participation of industrial enterprises and the list of products, presented at the fair, have shown that Uzbekistan dynamically develops all sectors of the economy, introduces modern technology, elaborates its own innovations. In this regard, the country can rightly be attributed to the rank of most advanced industrialized economies.

The interviewee drew attention to the fact that the event differed markedly fr om the standard exhibitions and fairs, wh ere the emphasis is on establishing contacts and singing trade agreements.

— The International Industrial Fair and Cooperation Exchange, annually held in Tashkent, facilitate the establishment of effective linkages with related industries in the country, said Kim Han Sung. They provide them with access to necessary raw materials and credit resources. These events allow producers to sign contracts with potential buyers, obtain the necessary consultations on the establishment of its exports.

According to a South Korean businessman, such forums help to optimize the production process and capacity building in companies, and improve the competitiveness of the economy’s sectors in general.

Kim Han Sung said that his company recently decided to open business for the production of heat-recovery boilers in Uzbekistan. “We plan to become an active participant in the chain of cooperation and to contribute to the Uzbek economy’s industrialization”, said the Manager of BHI Co. Ltd.

Jahon Information Agency, Seoul