TASHKENT — During the CEVF 2026 Forum, a tripartite memorandum of cooperation was signed between IT Park Uzbekistan, Astana Hub and venture capital firm Big Sky Capital. This partnership marks the launch of an international technology hub in Malaysia, focusing not only on the local market but on the broader Southeast Asian (SEA) region.
The new hub will serve as a strategic platform for B2B technology startups from Central Asia, providing a "soft landing" as they enter the rapidly growing markets of Southeast Asia, including Malaysia, Singapore, and beyond. This partnership format significantly expands the geographic reach and ambition of the initiative, creating a robust bridge between the ecosystems of Central Eurasia and Southeast Asia.

The new hub brings together entrepreneurs, corporations, and investors, creating an ecosystem that gives startups access to the large and fast-growing Southeast Asian market. We are seeing strong interest in the SEA market from members of IT Park Uzbekistan and startups across the region. Many companies are already considering these countries as a priority destination for international expansion. The new hub will enable them not only to test their solutions, but also to achieve real implementation and sustainable growth,
said Jakhongir Radjabov, First Deputy Director of IT Park Uzbekistan.
The hub will offer startups comprehensive support, ranging from legal and business adaptation to access to pilot projects with major corporations, investors, mentorship programs, and business missions. Particular emphasis will be placed on converting pilot projects into commercial contracts and attracting local investment.
The launch of the Southeast Asia hub is a logical continuation of our strategy to globalize Central Asian startups. Having previously co-opened hubs in Dubai and Shanghai, this new facility is the next step in expanding our international presence. We are creating a comprehensive infrastructure for entering one of the world's most dynamic tech markets, providing our startups access to new customers, partners, and investments.
noted Tanat Uskembayev, Managing Director of Astana Hub.
Under the agreement, IT Park Uzbekistan and Astana Hub will direct mature startups with ready-to-market products and high scaling potential to the hub. Beyond supporting expansion, the initiative aims to foster a bilateral flow of innovation: attracting SEA startups to Uzbekistan and Kazakhstan, creating joint R&D projects, and stimulating technology transfer.

At Big Sky Capital, we see immense untapped potential in linking the high-growth markets of Central Asia and Southeast Asia. By establishing this hub in Malaysia, we are building a vital bridge that allows our portfolio companies and regional talent to scale into one of the world’s most dynamic digital economies. We are excited to leverage our expertise in GTM strategies and B2B SaaS to ensure Central Asian innovation finds a permanent, thriving home in the SEA ecosystem.
said Adil Nurgozhin, Managing Partner of Big Sky Capital.
The memorandum solidifies the parties' intentions to develop long-term cooperation in startup support, venture capital attraction, the export of IT and AI solutions, and the launch of joint educational and acceleration programs.
The launch of this hub is expected to be a significant step in positioning Central Asia as a new exporter of technological solutions on the global stage.
27 March 2026
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