Recently, a South Korean foreign company, K-GINSENG PHARMACY, won an e-auction to rent a vacant part of the Yangiyul district administration building.
The director of the enterprise Jang Il Young met with the hokim of the district U.Yalgashev and said that he would invest in the company in the amount of 6 million US dollars and start a joint business.
This foreign enterprise specializes in Bio-Ginseng Laboratory and produces ginseng. The investor also aims to create 25 jobs and train specialists from the local population.
A memorandum of understanding is expected to be signed between the district administration and the foreign company K-GINSENG PHARMACY.