Prospects for cooperation with South Korea’s «Ester Cosmetics» in the cosmetics sector discussed

Abdulla Azizov, Director of the Agency for the Development of the Pharmaceutical and Medical Industry, visited the manufacturing facility of South Korea’s «Ester Cosmetics», located in the city of Incheon.

During the meeting with the company’s President, Park Kwang Jae, the parties discussed establishing the production of cosmetics in high demand in Uzbekistan through investment as well as on a contract manufacturing basis (OEM/ODM).

The delegation also familiarized itself with the company’s modern production facilities, product quality control system, and manufacturing processes.

At the conclusion of the meeting, the parties identified the next steps for advancing cooperation in this area to the practical stage.

For reference: «Ester Cosmetics» was established in 2010 and manufactures skincare and color cosmetic products on an OEM/ODM basis. The company’s annual production capacity is 50 million cosmetic products.