Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan and the Korea Overseas Infrastructure and Urban Development Corporation (KIND) have discussed establishing a joint investment company and financing infrastructure projects.
The meeting was held on 21 October between Uzbekistan’s Deputy Minister of Investment, Industry and Trade, Ibrahim Ergashev, and a South Korean delegation.
The parties considered opportunities for cooperation in airport modernisation, the development of smart cities and road infrastructure.
Particular attention was given to mechanisms for attracting investment, expanding financial cooperation and selecting priority areas for joint initiatives.
Following the talks, the participants agreed to step up work on establishing the investment company, explore financing options for promising projects and continue discussions on practical mechanisms for their implementation.
