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Turkish FSM Traktor eyes Uzbek market

The State Committee of the Republic of Uzbekistan on Investments held a meeting with the Chairman of the Board of the Turkish company "FSM Traktor" Erdogan Oren. The sides discussed the establishment and further strengthening of bilateral cooperation, including the participation of the Turkish company in the implementation of joint investment projects in Uzbekistan in the field of agricultural machinery.

Erdogan Oren announced plans for the near future to enter the Central Asian market and identify the Republic of Uzbekistan as the most promising country in the region, taking into account the ongoing reforms, growing economic potential and competitive advantages.

According to the investor, in the early stages of the investment project, it is planned to organize the assembly of tractors, with the subsequent organization of the production of small-components.

As a result of the negotiations, it was agreed that the foreign party will prepare and provide a project proposal on the plans for the organization of production in the near future.

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