Uzbekistan and South Korea to Forge New Investment Package for High-Tech and Infrastructure

Tashkent, Uzbekistan (UzDaily.com) — On the sidelines of the Tashkent International Investment Forum (TMIF-2026), Deputy Prime Minister of the Republic of Uzbekistan Jamshid Khodjayev held extensive negotiations with a high-level South Korean delegation.

The foreign group included top executives from major corporations and financial institutions, such as Herald Corporation, Daewoo Engineering & Construction, KIND, BoMI Engineering & Construction, Youngone Corporation, A-HA, Hana Tour, the Export-Import Bank of Korea (EDCF), and Incheon International Airport.

The Republic of Korea is a key strategic and technological partner for Uzbekistan; currently, more than 700 joint ventures with Korean capital operate successfully in the republic. During the meeting, the parties moved from general declarations to a detailed examination of flagship investment and industrial projects.

Particular emphasis was placed on integrating Korean expertise into the large-scale "New Tashkent" urban development project. In the sphere of transport infrastructure modernization based on public-private partnership (PPP) models, the sides discussed attracting investors to upgrade Urgench International Airport, design the new capital airport, and create the "Aero City" innovation zone using advanced technologies from Incheon.

Furthermore, the leaders addressed high-tech medicine and pharmaceuticals, including the development of "Smart-Bio" initiatives based at the Tashkent Pharma Park cluster and the launch of the promising Tashkent Medical Smart City hub.

The Deputy Prime Minister also paid significant attention to diversifying the industrial and digital sectors. The agenda included joint programs in the electrical engineering industry, the localization of production for electric vehicle charging stations, the expansion of textile manufacturing, and projects in logistics and tourism.

Cooperation in robotics and artificial intelligence was highlighted as a landmark vector for technological advancement. In this context, the parties praised the recent launch of joint robotic production with the Korean giant ROBOTIS.

Following the dialogue, an official agreement was reached to begin active practical work on forming a comprehensive package of new investment and infrastructure agreements, the signing of which will be timed to coincide with the upcoming visit of the President of the Republic of Uzbekistan to the Republic of Korea.