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Hyundai E&C Wins US$540M Deal in Uzbekistan

Hyundai E&C Wins US$540M Deal in Uzbekistan

SEOUL, April 3 (Korea Bizwire) — Hyundai Engineering & Construction Co., one of South Korea’s leading builders, said Tuesday that it has won a US$540 million order to build a power plant in Uzbekistan. Hyundai E&C said it received a letter of award from JSC Uzbekenergo on Monday for a project to build a 450 [...]

Cinderella Run to U-23 Finals Draws Vietnam and South Korea Closer Together

Cinderella Run to U-23 Finals Draws Vietnam and South Korea Closer Together

SEOUL, Jan. 30 (Korea Bizwire) — “Through youthful, strong, winning soccer, I will make Vietnam’s national team one of Asia’s best.” When South Korean soccer lifer and Vietnamese national team coach Park Hang-seo boldly pronounced his ambitions at a press conference in Hanoi on October 11, few could have predicted how prophetic his words would [...]

S. Korea Agrees to Provide $2.5 Billion Worth of Support to Uzbekistan

S. Korea Agrees to Provide $2.5 Billion Worth of Support to Uzbekistan

SEOUL, Nov. 23 (Korea Bizwire) – South Korea agreed Thursday to provide financial support worth up to US$2.5 billion toUzbekistan, including $500 million in official Economic Development Cooperation Fund (EDCF) loans, the presidential office Cheong Wa Dae said. The pledge came as part of the economic cooperation agreements signed shortly after a bilateral summit between South Korean President Moon Jae-in and his Uzbek counterpart, [...]

Guus Hiddink as Head Coach at Zero Salary? No Thanks, Says Korea Football Association

Guus Hiddink as Head Coach at Zero Salary? No Thanks, Says Korea Football Association

SEOUL, Sept. 8 (Korea Bizwire) – Presiding over the most successful stretch of South Korean football ever, Guus Hiddink on the sidelines throughout the 2002 FIFA World Cup was a figure of stability, charisma, and most importantly, trust.  Trust in the national football team has always been in somewhat short supply in the “Be the [...]

Lotte Chemical Completes Gas Plant in Uzbekistan

Lotte Chemical Completes Gas Plant in Uzbekistan

SEOUL, Oct. 15 (Korea Bizwire) — Lotte Chemical Corp., the petrochemical unit of South Korea’s No. 5 conglomerate Lotte Group, said Thursday it has completed the construction of a gas chemical complex in Uzbekistan, a major overseas project it has pursued as part of an effort to diversify profit sources.   The joint development project, dubbed [...]

KT Wins US$101-mln Energy Solution System Deal from Uzbekistan

KT Wins US$101-mln Energy Solution System Deal from Uzbekistan

SEOUL, May 11 (Korea Bizwirep) — South Korea’s No. 2 mobile carrier KT said Monday it has won a US$101 million deal from Uzbekistan to provide a smart-energy solutions system that improves efficiency of power management. Under the contract with state-owned power generation company Uzbekenergo, KT will supply energy-metering solutions, such as the Advanced Electricity Metering, that [...]

UNESCO Korea Holds Workshop to Increase Craftwork Capability in Uzbekistan

UNESCO Korea Holds Workshop to Increase Craftwork Capability in Uzbekistan

SEOUL, Feb. 24 (Korea Bizwire) – The Korean National Commission of UNESCO (KNCU) has started a workshop to strengthen design and the capability of craftwork to figure in the sustainable development of Uzbekistan. The four-day workshop being held at the Craft Development Center in Margilan, Uzbekistan, from February 24 to 27 was planned to boost craftwork [...]