Hashed Says It Will Help Domestic Companies Enter Abu Dhabi as Korea-UAE Investment Cooperation Deepens
TECHWORLD ·
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Hashed announced on the 17th that it had signed an MOU with ADIO.
The MOU is intended to support the activities of domestic companies and investors seeking opportunities to enter and grow in Abu Dhabi.
The areas of cooperation were set to include identifying and connecting promising companies and investors, support throughout the investment process, providing information on the Korean market, and support for events and delegations hosted by ADIO.
Hashed announced on the 17th that it had signed an MOU with ADIO to strengthen investment cooperation with Abu Dhabi and support the expansion and growth of domestic companies in Abu Dhabi. The official name of ADIO is Abu Dhabi Investment Office. The purpose of this MOU is to support the activities of domestic companies and investors seeking opportunities to enter and grow in Abu Dhabi.
The two sides agreed to include Korean companies, financial institutions, and investors considering Abu Dhabi as a regional and global growth hub among their joint support targets. Through this cooperation, Hashed plans to expand support together with ADIO for Korean companies, financial institutions, and investors aiming to use Abu Dhabi as a growth hub.
Accordingly, the areas of cooperation were set to include identifying and connecting promising companies and investors, support throughout the investment process, providing information on the Korean market, support for events and delegations hosted by ADIO, and coordination of cooperation with major Korean institutions and the UAE Embassy in Korea.
Alessandro Borgogna, Chief Cluster Planning and Development Officer at ADIO, said that Korea's leadership in innovation, technology, and industrial capabilities makes it a natural partner for Abu Dhabi's long-term growth. He said he looks forward to Korean companies entering the market.
Borgogna said that, based on this, ADIO will pursue cooperation with Hashed. He added that the goal is to strengthen a bridge connecting Korean companies and investors with Abu Dhabi's business ecosystem, which he said is expected to contribute to Abu Dhabi's next phase of economic growth.
Kim Seo-joon, CEO of Hashed, said that the free cross-border movement of people, capital, and ideas is a condition for true progress. He cited Korea's strengths as deep technological capabilities and a solid industrial base, and Abu Dhabi's strengths as a bold vision, capital, and a gateway to a fast-growing market. He explained that, because Korea and Abu Dhabi have different strengths, expanded exchanges can lead to development.
The speaker defined Hashed's role as a bridge connecting two different sides and said its goal is to create a continuous channel for exchange aimed at the joint growth of the two economies. He added that he wants to build the foundation for a deeper and longer-term relationship between Korea and Abu Dhabi.
Source: TECHWORLD · Kim Hye-jin
Original: https://www.epnc.co.kr/news/articleView.html?idxno=407092
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Source: TECHWORLD
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