IT Park Uzbekistan and Karam Global Investments Holding Abu Dhabi have agreed to cooperate on investing in IT infrastructure and startups in Uzbekistan.

Representatives of IT Park Uzbekistan held a meeting with a delegation from Karam Global Investments Holding Abu Dhabi. The purpose of this meeting was to explore potential partnership opportunities and investments that could contribute to the growth and innovation of Uzbekistan's digital economy.

Karam Global Investments Holding, part of the KARAM GROUP, is a major enterprise with a net investment capital of one billion dollars. KGI focuses on supporting and developing innovative businesses across five strategic areas: mobility, technology, real estate, energy, and sustainable development, as well as providing consulting services.

During the meeting, several key issues were discussed in detail to identify and expand potential opportunities for cooperation. Participants examined various investment directions within Uzbekistan's developing digital economy, placing special emphasis on improving e-government services, e-commerce platforms, and robust digital infrastructure. Attention was also given to important investment projects in the real estate sector. These projects play a crucial role in creating a favorable environment for tech businesses and startups. Additionally, representatives of Karam Global Investments Holding expressed their willingness to share their valuable experience in artificial intelligence and to strengthen partnerships between our organizations in developing powerful AI projects.

An important proposal was also made for Karam Investments to act as a consultant on foreign direct investment for the Ministry of Digital Technologies in the Gulf region. This role will strengthen the Ministry's strategic interests and enhance its influence in promoting Uzbekistan's digital and technology sectors in these key markets.

The meeting concluded with a mutual agreement to develop cooperation in several areas, including direct investments in IT infrastructure and the startup ecosystem in Uzbekistan.

Source: it-park.uz