Human & Forest and IT Park Tashkent Region Sign Memorandum of Cooperation

Tashkent Region, Uzbekistan – September 2024. In a significant step toward strengthening bilateral relations in the IT sector, IT Park's Tashkent Region branch and South Korea's Human & Forest IT company have signed a Memorandum of Cooperation. The memorandum outlines several areas of collaboration aimed at fostering innovation and enhancing IT development between the two countries.

Key aspects of the cooperation include:

1. Technology Exchange: The memorandum promotes the exchange of IT technologies and innovations between Uzbekistan and South Korea, encouraging mutual knowledge sharing and support for cutting-edge advancements.
2. Training IT Specialists: Both parties will work together to create joint programs and training initiatives aimed at preparing and upskilling IT specialists for outsourcing to the Korean market. These initiatives will help build a skilled workforce ready to meet the demands of the evolving digital landscape.
3. Project Development: The collaboration will also focus on co-developing digital technologies, mobile applications, and software products through joint projects. This is expected to drive technological progress and enhance product development capabilities.
4. Investment Opportunities: South Korean partners, through Human & Forest, will explore avenues for investing in Uzbekistan's IT infrastructure, with a particular focus on introducing innovative technologies that align with the region's growth objectives.

This memorandum marks an important milestone in expanding strategic IT cooperation between Uzbekistan and South Korea. It serves as a foundation for creating new opportunities and enhancing bilateral relations in the rapidly growing digital economy. Additionally, the initiative is expected to create numerous job opportunities in Uzbekistan, positively impacting the local economy and contributing to the growth of the country's IT sector.