Betoz and Kyrgyzstan National Investment Agency Form Joint Working Group to Identify Digital Infrastructure Investments

Betoz to Provide Training and Seminars for National Investment Agency Staff
Agreement Signed at the 1st Korea-Central Asia Business Summit on the 16th

Isang-guk, CEO of Vitoz Korea (first from the left), and Ravshanbek Sabirov, Director General of the National Investment Agency (third from the left), are taking a commemorative photo after signing a business agreement on the 16th at the Westin Chosun Hotel in Seoul.

Betoz announced on September 17 that it has signed a memorandum of understanding (MOU) for cooperation on digital infrastructure with the National Investment Agency under the direct control of the President of Kyrgyzstan, and will form a joint working group.

The two parties will identify investment projects in the field of digital infrastructure through the working group and discuss ways to conclude investment agreements for the discovered initiatives.

Betoz will also provide training and seminars for executives and staff members of the National Investment Agency. These programs will focus on enhancing local operational capabilities.

The agenda for cooperation was outlined during a meeting in Bishkek last June. At that time, Ravshanbek Sabirov, Chairman of the National Investment Agency, and the Betoz delegation discussed the development of blockchain solutions and the introduction of digital financial services as key topics. During the meeting, Betoz presented its experience in building digital financial infrastructure and digital asset management systems.

The signing ceremony took place at the Westin Chosun Hotel in Seoul on the 16th. It was held in conjunction with the 1st Korea-Central Asia Business Summit, organized by the Ministry of Trade, Industry and Energy and the Korean Chamber of Commerce and Industry. Chairman Sabirov and Sang-Kuk Lee, CEO of Betoz Korea, posed for a commemorative photo while holding the agreement, in the presence of senior government officials from both countries.

Betoz has accumulated verified cases in Korea by adding the Crypto Payment Gateway (CPG), co-developed with Ringnet, to its regulation-friendly hybrid blockchain. The company plans to utilize this experience in discussions with the working group.

Given that digital transformation is a national priority for Kyrgyzstan, this agreement is expected to serve as an opportunity for Betoz to expand digital infrastructure exports to Central Asia.

Sang-Kuk Lee, CEO of Betoz Korea, stated, "The agreement encompasses both the identification of investment opportunities and local workforce training," and added, "We will work with the National Investment Agency to specify projects that match local needs, one by one."

This content was produced with the assistance of AI translation services.