Uzbekistan exports automotive parts to Hyundai, Kia, Toyota companies
The delegation of the "Uzcharmsanoat" association visited South Korea. They met with the "JM" company, which supplies leather products for automobile companies in Uzbekistan.
During the meeting, detailed information was provided about the quality of leather products manufactured in Uzbekistan, the raw material base, factories' modern technologies, and the investment climate. "JM" is the largest leather manufacturer in South Korea, supplying products mainly to Hyundai, Kia, and Toyota vehicles. The company's annual revenue is $250 million, and it has a production facility equipped with Italian and German technologies that cost $1 billion.
The company expressed its intentions to establish a joint venture in Tashkent and produce leather products locally, which would be supplied to major automobile companies in South Korea and other leading companies.
Uzbek leather products will produce automobiles in South Korea's major automobile factories.
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