IT Park and Asian Development Bank sign $200 million memorandum to develop AI in Uzbekistan
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IT Park and Asian Development Bank sign $200 million memorandum to develop AI in Uzbekistan

IT Park Uzbekistan and the Asian Development Bank (ADB) have concluded a letter of intent worth 200 million US dollars. This project is aimed at developing artificial intelligence research and development, as well as commercializing technologies in Uzbekistan.

This was announced during the Startup and Venture Capital Summit held as part of ICT Week 2026 in Tashkent. The document was officially exchanged by IT Park CEO Azamat Karamatov and ADB Director for Uzbekistan Kanokpan Lao-Araya.

At the opening ceremony, the Minister of Digital Technologies of Uzbekistan, Sherzod Shermatov, noted that this project involves creating about 100 technological startups and implementing 300 research projects. He also stated that approximately 2000 startups are registered on the national platform Startup Base, and there are about 25 venture funds operating in the country, noting that the ecosystem has already produced two 'unicorns.'

After the signing, Kanokpan Lao-Araya emphasized that the ADB supports the government and private sector of Uzbekistan in achieving development goals. She characterized the country as having a high pace of reforms and a youth population enthusiastic about technology. Lao-Araya added that cooperation with the private sector is carried out through continuous dialogue with state bodies, and she noted Uzbekistan's significant progress in infrastructure and reforms in recent years.

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IT Park Uzbekistan and FutureNuri signed a memorandum of cooperation in the field of EdTech
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IT Park Uzbekistan and FutureNuri signed a memorandum of cooperation in the field of EdTech

IT Park Uzbekistan and South Korean company FutureNuri have signed a memorandum of understanding in the field of educational technologies (EdTech) and digital solutions. The parties also discussed FutureNuri's plans to enter the Uzbek market and further develop its activities in Central Asia.

A delegation from IT Park Uzbekistan, led by Executive Director Zhakhongir Rajabov, met with FutureNuri CEO Jeon Ho Chu on September 10, 2026, in Seoul.

The negotiations covered aspects such as FutureNuri's registration in Uzbekistan, opening an office, obtaining IT Park resident status, hiring local specialists, and organizing office infrastructure. Available support measures for international technology companies were also discussed.

The signed memorandum defines the main directions for future cooperation and lays the foundation for joint initiatives in the fields of EdTech, digital libraries, artificial intelligence-based solutions, and digital transformation.

FutureNuri specializes in developing and implementing digital library platforms, academic information systems, and solutions for automating library processes. The company's products are used in approximately 800 organizations, including universities, state and academic institutions, and public libraries.

Furthermore, FutureNuri develops AI-based solutions for knowledge and library management systems. In January 2026, the company launched the platform futurenuri.ai, designed for applying AI in information and library services.

FutureNuri expressed interest in opening its first foreign office in Uzbekistan and exploring opportunities to implement new projects in EdTech and digital libraries in Central Asia. The company is also considering attracting local specialists.

IT Park Uzbekistan invited representatives of FutureNuri to participate in ICT WEEK Uzbekistan 2026, which will take place from September 22 to 25 in Tashkent. During this event, the company will be able to familiarize itself with Uzbekistan's technological ecosystem and establish contacts with local partners and organizations.

Ultimately, the parties agreed to continue working on FutureNuri's entry into the Uzbek market, organizing local operations, and preparing new projects in both Uzbekistan and Central Asia.

Uzbekistan Discusses Application of Artificial Intelligence in Geology at GEOMIN-2026 Conference
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Uzbekistan Discusses Application of Artificial Intelligence in Geology at GEOMIN-2026 Conference

In Tashkent, Uzbekistan held an international round table dedicated to modern geology, which took place on September 13 as part of the GEOMIN-2026 events. Issues of policy, technology, regional research, and human capital were discussed. Representatives from geological services, research organizations, and relevant government bodies from several countries participated in the discussion.

The event was opened by Feruza Khamidova, the First Deputy Minister of Mining and Geology of Uzbekistan. Specialists from Uzbekistan, France, Finland, the United Kingdom, the Netherlands, Kazakhstan, Egypt, Turkey, the USA, and other countries participated in the discussions, and representatives of international professional associations were also present.

Digital Transformation of the Geological Industry

One of the key issues was the digital transformation of the geological sector. Participants reviewed the possibilities of using artificial intelligence to process geological, geophysical, and geochemical information, integrating various research methods, creating three-dimensional models, and digital twins.

Feruza Khamidova presented information on Uzbekistan's current work on digitizing accumulated geological materials and integrating them into the National Geological Database. Special attention was paid to data standardization and compatibility, the implementation of modern digital tools, and the application of artificial intelligence technologies in geological exploration.

A separate session was dedicated to critical minerals, as well as improving standards for resource classification and reporting. Participants also discussed expanding international investment cooperation and the role of national geological services in increasing access to geological information and attracting new projects.

Development of Human Capital

Another area of discussion was the development of human capital. Industry representatives considered issues such as training young specialists, international educational and research programs, and including geoinformatics, data analysis, and three-dimensional modeling in curricula.

At the conclusion of the round table, the parties identified promising directions for further interaction between geological services and research organizations.

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