Representatives of IT Park Uzbekistan and the Economic and Trade Office of Hong Kong in Dubai held discussions on prospects for developing joint work in the fields of technology, innovation, and international business.
The main focus of the negotiations was on attracting foreign IT companies, developing investment interaction, and strengthening business ties between Uzbekistan and Hong Kong.
The negotiations took place between the IT Park Uzbekistan delegation, led by Director of Export Development Zhakhongir Kagirov, and representatives of the Economic and Trade Office of Hong Kong in Dubai, under the leadership of General Director Simon Chan.
The IT Park Uzbekistan delegation demonstrated the capabilities of the national technological ecosystem, detailing the residency program, existing state support measures, tax incentives, and services for foreign companies entering the Uzbek market. Services in recruitment, business analytics, digital solutions, and comprehensive support for companies at all stages of business localization were also presented.
For their part, representatives of the Economic and Trade Office of Hong Kong spoke about the advantages of Hong Kong as one of the world's centers for trade, finance, and logistics. They noted that the region provides favorable conditions for companies implementing strategies to enter international markets.
The parties paid special attention to opportunities for international technology firms to open development offices in Uzbekistan. The Hong Kong representatives confirmed their business interest in developing such cooperation and agreed to continue working together on new projects and initiatives.
At the end of the meeting, IT Park Uzbekistan invited representatives of the Economic and Trade Office of Hong Kong to participate in the ICT Week Uzbekistan 2026 forum, which will take place in September. Both sides reaffirmed their intention to maintain a dialogue aimed at attracting international technology companies, increasing the export potential of IT Park Uzbekistan residents, and strengthening the partnership between the innovative ecosystems of Uzbekistan and Hong Kong.
Uzbekistan and Kyrgyzstan discussed opportunities to deepen interaction in the fields of geology, subsoil use, and groundwater resource management.
The discussions took place during the working visit of Rustam Yusupov, Deputy Minister of Mining Industry and Geology of Uzbekistan, to the Kyrgyz Republic. During the meetings, the parties reviewed issues regarding the preparation of a joint Action Plan in the mining and geological sectors, as well as potential projects for the exploration and development of mineral deposits.
Significant attention was paid to exchanging experience and implementing modern technologies in geological exploration. Participants discussed the prospects of applying advanced subsurface investigation methods for industry development. Kyrgyzstan's experience in the rational use, protection, and monitoring of groundwater reserves was also examined separately.
The parties also studied the possibility of applying digital technologies and artificial intelligence for hydrogeological modeling, data analysis, and forecasting. At the conclusion of the meetings, Uzbekistan and Kyrgyzstan reaffirmed their mutual interest in further developing cooperation and implementing joint projects in the field of geology and rational use of natural resources.
IT Park Uzbekistan signed a memorandum of understanding with the Hong Kong Science and Technology Parks Corporation (HKSTP) during an official visit to Hong Kong. This agreement paves the way for cooperation in the fields of innovation, scientific research, technology commercialization, and startup support.
The memorandum was signed at a meeting attended by Farokh Ibragimov, Chairman of the Supervisory Board of IT Park Uzbekistan, Azamat Karamatov, CEO, and HKSTP management. This agreement establishes a long-term partnership between the innovation ecosystems of Uzbekistan and Hong Kong.
Priority areas of interaction include entrepreneurship development, creation and scaling of startups, commercialization of scientific research results, exchange of experience in creating research infrastructure, and support for technology companies aiming to enter international markets.
During the meeting, HKSTP representatives demonstrated the development model of one of Asia's largest technology clusters. According to the corporation, the park is home to over 2,400 technology companies, about 17,000 R&D specialists, and more than 25,000 participants in its innovation ecosystem. HKSTP has already launched 13 unicorn companies. The HKSTP venture fund, valued at 2.4 billion Hong Kong dollars, has financed over 150 projects, and more than 200 million Hong Kong dollars have been invested in establishing specialized laboratories.
The IT Park Uzbekistan delegation presented information on the development of Uzbekistan's technology ecosystem. It was noted that the park has over 3,700 resident companies, operates in all regions of the country, and provides tax incentives for technology businesses, which have been extended until 2040. Furthermore, the delegation highlighted state measures aimed at supporting digital transformation, developing venture capital, and exporting IT services.
The parties discussed mechanisms for technology transfer, entrepreneurship training, startup acceleration, university-industry interaction, and attracting investment in scientific research. Special attention was paid to exchanging experience in research commercialization and developing innovative infrastructure. Artificial intelligence was identified as one of the key areas for future cooperation. Discussions covered AI infrastructure, computational power for model training, the 'AI Factory' concept, industry regulation, the use of open data, and specialist training.
Representatives of IT Park Uzbekistan confirmed their intention to develop Uzbekistan as a regional center for artificial intelligence connecting Asian and European markets. After the official meeting, the delegation studied technologies developed by HKSTP resident companies, including solutions in artificial intelligence, robotics, autonomous technologies, digital healthcare, industrial IoT, telecommunications, and renewable energy. Upon completion of the visit, IT Park Uzbekistan invited HKSTP management and companies to participate in ICT Week Uzbekistan, scheduled for September 2026. The Hong Kong side expressed interest in visiting and stated that it would consider forming a delegation upon receiving an official invitation. Both sides also agreed to establish joint working groups, strengthen cooperation between research centers, and continue joint work in the fields of artificial intelligence, DeepTech, technology commercialization, and support for innovative enterprises.
A meeting took place in Tashkent at the Chamber of Commerce and Industry of Uzbekistan with a delegation from Sri Lanka. The delegation was headed by Aruni Ranaraja, the First Deputy Minister of Foreign Affairs, Employment in Labor Migration, and Tourism.
The parties discussed opportunities to increase trade and economic partnership, as well as develop direct ties between the business communities of the two countries. The main focus was on implementing joint projects and elevating bilateral economic interaction to a new level.
Participants noted significant potential for cooperation in areas such as tourism, textile industry, information technology, jewelry manufacturing, and pharmaceuticals.
To strengthen ties between entrepreneurial circles, it was proposed to sign a memorandum of understanding between the Chamber of Commerce and Industry of Uzbekistan and the National Chamber of Commerce of Sri Lanka. Furthermore, the Sri Lankan side invited representatives of Uzbek businesses to participate in the Sri Lanka Expo 2027 international exhibition, which is viewed as a platform for finding new partners, expanding external economic ties, and promoting investment opportunities.
At the conclusion of the negotiations, the parties agreed to continue joint work on implementing the reached agreements and further developing mutually beneficial cooperation.
