BAKU, Azerbaijan, September 10. The Fergana
Region of Uzbekistan is exploring opportunities to expand
investment and technological cooperation with Seoul’s Gangseo
District, with a view to drawing on South Korea’s experience in
developing innovation clusters.
This was reflected in the statement by the Fergana regional
administration, following a meeting between Governor Khayrullo
Bozorov and Gangseo District Head Jin Gyo-hoon in Seoul.
According to the Regional Administration, the talks focused on
trade, economic and investment ties, as well as the exchange of
experience in innovation, high technology and education.
Particular attention was given to Seoul’s Magok innovation
cluster, a major technology and research hub located in Gangseo.
The area, which was previously used largely for agricultural
purposes, was transformed by the Seoul government into an
integrated cluster bringing together research and development
centers, high-tech companies, businesses, residential complexes and
modern social infrastructure.
"The sides discussed opportunities to study Magok’s development
experience, establish direct links between innovative and
technology companies, and implement promising investment projects.
Fergana is interested in studying advanced approaches to developing
innovation ecosystems and creating direct cooperation between
companies and research institutions,” the Fergana regional
administration said.
Bozorov presented the region’s economic and investment
potential, including opportunities available to foreign investors,
and invited businesses from Gangseo to explore cooperation with
Fergana.
The sides agreed to gradually expand ties, identify specific
areas of cooperation, and jointly develop promising projects in
trade, investment, innovation, technology, and education.
