BAKU, Azerbaijan, August 3. Uzbekistan's Fergana region and China's Qingdao Junling Transformers agreed to advance cooperation on a transformer manufacturing project.
This was reflected n the statement by the Fergana Regional Administration following a meeting between Fergana Governor Khayrullo Bozorov and a delegation led by Ji Zhaoshang, founder of Qingdao Junling Transformers.
The parties reviewed investment projects planned for the Fergana region, with particular attention given to initiatives in the Bagdad district.
"The parties agreed to intensify cooperation and move the planned projects to the practical implementation stage," the regional administration said in a statement.
According to Ji, the project will be implemented in phases. The initial stage envisages the import of raw materials and components required for transformer production and the establishment of an assembly operation. A later phase will focus on creating a full-cycle localized manufacturing facility in Uzbekistan.
Bozorov said the regional government has established a dedicated investment support center to assist foreign investors and pledged practical support for the implementation of investment projects.
The meeting concluded with the signing of a memorandum of cooperation, formalizing the parties' intention to move forward with the proposed investment.
The planned project aligns with Uzbekistan's broader strategy to attract foreign direct investment, expand industrial production and increase the localization of high-value manufacturing through partnerships with international companies.
