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South Korean Giants Eye Fergana Construction and Investment

UzDaily · 18.06.2026 · 10:15 · 32 views
South Korean Giants Eye Fergana Construction and Investment

South Korean Giants Eye Fergana Construction and Investment

Tashkent, Uzbekistan (UzDaily.com) — Two of South Korea's major construction and engineering companies held substantive investment talks with Fergana's regional governor at the Fifth Tashkent International Investment Forum, with residential construction contracts and large-scale project pipelines both on the table.

Governor Khayrillo Bozorov met separately with Kim Dok-young, Chairman of BOMI Engineering & Construction, and Jeon Won-ju, President of Daewoo Engineering & Construction — two firms with the balance sheet and track record to move quickly from negotiation to ground-breaking. Representative Ku Gi-do of AHA also participated in the discussions.

BOMI to Deliver Korean-Standard Housing in Fergana City

Talks with BOMI Engineering & Construction centered on advancing previously agreed commitments, specifically projects for the construction of modern residential complexes in Fergana city. The two sides discussed plans to introduce contemporary Korean building standards and urban planning practices to the region, as well as measures to strengthen local construction capacity. The framing suggests BOMI's role extends beyond contractor to something closer to a knowledge-transfer partner, embedding Korean construction methodology into Fergana's development ecosystem.

Daewoo E&C Scopes Larger Investment Footprint

The meeting with Daewoo E&C President Jeon Won-ju was broader in scope, focusing on prospects for implementing large-scale investment projects across the region. Daewoo E&C, one of Korea's most internationally active construction conglomerates, has a long history in the former Soviet space, giving it institutional familiarity with the regulatory and logistical landscape that newer entrants lack.

Both meetings concluded with agreements to intensify cooperation and accelerate preparation of new projects toward practical implementation — indicating the discussions have cleared the exploratory phase and are moving toward binding commitments.

South Korean interest in Fergana reflects a wider pattern of Korean corporate engagement across Uzbekistan, where Seoul has positioned itself as a preferred partner in construction, automotive manufacturing, and consumer goods over the past decade.

UzDaily · 👁 32 views · 18.06.2026 · 10:15