BAKU, Azerbaijan, September 15. Uzbekistan’s IT
Park and South Korea’s Global Digital Innovation Network (GDIN)
have signed a memorandum of understanding and opened an IT Park
liaison office in South Korea to help startups and technology
companies enter each other’s markets and develop joint
international projects.
This was reflected in the statement by the Uzbek Ministry of
Digital Technologies, following a meeting between Uzbek Digital
Technologies Minister Sherzod Shermatov, IT Park Uzbekistan
Executive Director Jakhongir Radjabov and GDIN President and CEO
JongKap Kim.
The new IT Park liaison office is located in Seongnam’s Pangyo
Technovalley, one of South Korea’s major technology clusters, and
was established in cooperation with GDIN. Daniyar Atadjanov was
appointed IT Park Uzbekistan’s official representative in South
Korea.
The office will serve as a platform for direct engagement with
South Korean technology companies, startups, investors, and other
participants in the innovation ecosystem. Its priorities include
attracting Korean technology companies to Uzbekistan and supporting
Uzbek technology projects seeking to enter the South Korean
market.
Under the MoU, IT Park and GDIN will support startups,
international market expansion, and joint projects, including in AI
and R&D. IT Park will also join GDIN’s cooperation network to
strengthen direct business links between Uzbek and South Korean
technology companies.
The sides are preparing three joint ventures and one PoC project
under the Korea-Uzbekistan Global PoC Program, which will allow
Uzbek startups to test their solutions in the Korean market. The
projects are expected to launch in January 2027.
A networking session involving representatives of South Korean
technology, investment, education and business organizations was
also held as part of the event. Participants discussed market-entry
opportunities, joint projects and direct business links between
companies from the two countries.
GDIN, established in 2013, works to promote international
cooperation between technology companies and support their
expansion into global markets. The organization has supported more
than 3,000 technology companies, facilitated 160 international
partnerships, provided more than 20,000 consulting services and
helped companies attract about $3.6 billion in investment,
according to the Uzbek side.
The new liaison office and the MoU are expected to provide a
practical framework for expanding startup exchanges, attracting
Korean technology companies to Uzbekistan and developing joint AI,
R&D, JV and PoC projects.
