On August 23rd, 2011 the JV «Uz-Kor Gas Chemical» LLC, NHC “Uzbekneftegaz” and Samsung Engineering, GS Engineering & Construction
, Hyundai Engineering contracting companies have signed a contract for engineering, procurement and construction of Ustyurt Gas Chemical Complex (UGCC).
On August 24th the Stone Laying ceremony for the commencement of Ustyurt GCC construction has been held. The ceremony has been held in teleconference mode set between "Uzexpocentre" in Tashkent and the technological site in Akchalak settlement of Kungrad region of the Republic of Karakalpakstan. The opening of the Memorial stone has been carried out by Head of Jokargy Kenes of the Republic of Karakalpakstan Mr. Erniyazov M. and President of Korea Gas Corporation Mr. Choo Kang Soo.