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Economy

Ferghana Region Signs Investment Deal with Byucksan Corporation

Ferghana Region Signs Investment Deal with Byucksan Corporation
Ferghana Region Signs Investment Deal with Byucksan Corporation / Photo: Hokimiyat of Ferghana region.

Tashkent, Uzbekistan (UzDaily.uz) — The authorities of Uzbekistan’s Ferghana Region and South Korean company Byucksan Corporation have signed a memorandum of cooperation on an investment project in construction materials manufacturing. The regional administration reported this.

Ferghana Region Governor Khayrullo Bozorov held a meeting with a company delegation led by Managing Director Sung Ju Kim.

The participants discussed practical steps to implement previously reached agreements and prepare the project.

Preliminary agreements on cooperation were reached in September 2026, during a visit by a Ferghana Region delegation to South Korea. At the time, regional representatives held talks with Byucksan Corporation’s management.

Founded in 1958, the company specialises in manufacturing thermal insulation and energy-efficient construction materials, interior and exterior finishing panels, and other construction products.

At the latest meeting, the sides considered introducing the company’s technologies and production expertise in Ferghana Region.

The areas discussed included using local raw materials and establishing production of competitive, high-value-added goods with export potential.

Bozorov expressed support for the project that the company plans to implement in the region.

Askar Yakubov
Askar Yakubov

Askar Yakubov is a professional photojournalist with extensive experience in news and reportage photography. He specializes in fast-paced coverage of social, political, cultural, international, business, and community events, with a sharp eye for capturing expressive shots and conveying the atmosphere of an event under tight time constraints. His skill set spans reportage, portrait, and documentary photography, along with image editing and color correction, and preparing photo materials for media and digital platforms. He is known for his professionalism, adherence to editorial standards, and ability to work both independently and as part of a shooting team.