The construction of the Uzbek-Korean technopark, funded by the South Korean government, has commenced. This Technopark will be located in the Yakkasaray district of Tashkent city, where they will train students and young scientists, as well as conduct state and international research programs.

Uzbekistan accounts for over half of the trade turnover of the Republic of Korea with the states of the region. In the January-July 2018, the trade turnover between Uzbekistan and South Korea amounted to $762.4 million. Currently, there are more than 460 enterprises with participation of Korean capital in Uzbekistan (386 joint ventures and 75 enterprises with fully Korean capital). Representative offices of 75 South Korean companies are also accredited in the country.

These enterprises successfully operate in the oil and gas, petrochemical and chemical, machine-building, electrical and textile industries, information and communication technologies, transport, logistics and tourism.

Representative offices of 75 companies of Korea are accredited in Uzbekistan. The main areas of their activity are oil and gas, petrochemical and chemical, mining, engineering, electrical engineering, textile, information and communication technologies, transport and logistics, tourism, production of building materials, as well as processing of agricultural products.