BAKU, Azerbaijan, April 19. Uzbekistan intends to develop cooperation with South Korea in the field of transport and road infrastructure, Trend reports via the Uzbek Ministry of Transport.
In this regard, negotiations were held with Deputy Minister of Land, Transport and Infrastructure of the Republic of Korea Jung Song Won, Executive Managing Director of Korea Expressway Corporation Chang-bong Lee, President of the Korean Overseas Infrastructure and Urban Development Corporation Kang Hoon Lee, General Director Korean Export-Import Bank Chung Kyu Park.
During the talks, an exchange of views took place on the implementation of joint projects on the terms of public-private partnership in the field of transport and road infrastructure, reforming the public transport system of Uzbekistan using the Korean experience, and introducing intelligent transport systems into the field.
The possibilities of attracting funds from Korean financial institutions in promising investment and grant projects were also discussed in detail.
As a result of the negotiations, memorandums were signed between the Ministry of Transport of the Republic of Uzbekistan and the Korea Expressway Corporation, a Korean corporation for the development of foreign infrastructure and cities in the field of transport and road infrastructure.
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