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South Korea to invest in creation of medical cluster in Uzbekistan’s Tashkent

Business Materials 11 December 2020 16:15 (UTC +04:00)
South Korea to invest in creation of medical cluster in Uzbekistan’s Tashkent

BAKU, Azerbaijan, Dec. 11

By Klavdiya Romakayeva - Trend:

The South Korean consortium will invest $135 million in the creation of a medical cluster on the territory of the Tashkent Medical Academy in Uzbekistan, Trend reports referring to the data of Tashkent’s administration.

The project is provided for by the draft resolution of the Cabinet of Ministers "On measures to create a medical cluster in the city of Tashkent within the framework of the investment project of the Korean consortium."

According to the information, it is planned to implement a direct investment project of a consortium of South Korean companies - Uclone & SnS Korea Co, Ltd, KIND business group, KDBank, Shinhan Bank, K-Exim Bank, as well as Chung-Ang University.

It is planned to allocate a plot of land with an area of 4.8 hectares on the territory of the Tashkent Medical Academy for the construction of a medical cluster.

The medical cluster will include a Medical Center with 400 beds and 3,500 daily outpatient visits, as well as a branch of the Medical University of Korea to train 2,400 students.

As noted in the project, the construction and commissioning of the medical cluster will be implemented on the basis of the BLT (build-lease-transfer) platform and are designed for 25 years, after which the cluster will be transferred to the structure of the Tashkent Main Department of Health.

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Follow the author on Twitter: @romakayeva

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