KIND

□ Korea Overseas Infrastructure and Urban Development Corporation (KIND) and the Ministry of the Republic of Uzbekistan signed an MOU which mainly involves project planning and financing cooperation, joint F/S advancement, and pilot project execution.

□ The signing ceremony was held at the KIND office in Yeouido, Seoul on April 13. Four people, including the CEO of KIND, Kang Hoon Lee, and Lim Han-kyu, and Kyung-Soo Lee, the team manager of the International Affairs, and seven people, including Muminov Abdusamat, Deputy Minister of Transport, and Erkinov Dilshod, Director of Strategic Development Information Analysis Bureau, attended the signing ceremony. 

□ The signing ceremony took place after preliminary interviews on the progress of the Uzbekistan projects, KIND’s roles, Uzbekistan infrastructure policies, and bidding and driving fields. Kang Hoon Lee, CEO of KIND, and Muminov Abdusamat, Deputy Minister of Transport, signed the MOU on behalf of both organizations.

□ Through this agreement, the two organizations plan to be engaged in networking to embody joint projects, share a list of potential projects, and review the ways to support commercialization.

□ "We expect KIND to cooperate as much as possible in terms of business planning and financing, F/S, and support for commercialization through the MOU. Please keep watching for furthering cooperative relations between two countries in terms of infrastructure, " said Kang Hoon Lee, the CEO of KIND.