Singapore VC Golden Gate Ventures Opens Uzbekistan Office to Link MENA Tech with Central Asia Growth

Singapore-based Golden Gate Ventures has opened a new office in Uzbekistan.

The move aims to support technology companies from its Middle East and North Africa portfolio in expanding into the country and surrounding region.

Why Uzbekistan Attracts Global Investors Now

Uzbekistan has been reforming its economy to welcome more foreign investment in recent years.

The new office results from a partnership with the Uzbek-Oman Investment Company.

It operates through the firm's Qatar-based fund that targets fintech, artificial intelligence, clean energy and similar sectors.

This marks the fund's first dedicated base in Central Asia.

How the Expansion Could Boost Local Startups

A memorandum of understanding with IT Park and its venture arm will help develop entrepreneurship programs and co-invest in local companies.

The announcement happened at the Tashkent International Investment Forum.

Such steps may create more opportunities for young innovators and bring new technologies to everyday users in the region.

Overall the development signals growing interest in emerging markets for early-stage tech funding.