South Korean company “Chung Woon Brake Co., Ltd.” visited “Angren” FEZ

On November 19, 2018, a delegation of the South Korean company “Chung Woon Brake Co., Ltd.”, headed by the company president Mr. Jajong Gu, visited “Angren” FEZ to explore the possibility of implementing an investment project in its territory.

The main objective of the delegation is to get familiarized with the activities and potential of "Angren" FEZ, as well as to consider the possibility of implementing an investment project on the production of brake pads for cars and trucks. The management of "Angren" FEZ acquainted the delegation with the terms of investing and existing benefits and privileges provided to the investors of the FEZ.

The company "Chung Woon Brake Co., Ltd." was established in 2007. and produces brake pads for cars and trucks with annual sales of $ 6.1 million. In cooperation with the company "Hong Sung Brake Co., Ltd." supplies to the CIS countries, including Uzbekistan, brake pads for cars under the brand "Gold".