IT Park and Its Members: New Initiatives for Advancing the IT Ecosystem

IT Park Uzbekistan held meetings with its member companies — CROWE TAC ADVISORYand FORCODE-PRO — to explore prospects for Uzbek IT companies’ expansion into international markets, attracting foreign investment, enhancing human capital, and supporting startup development.

CROWE TAC ADVISORY and IT Park: Strengthening Uzbekistan’s Global IT Standing

During discussions with Vera Bell, Founder and Director of CROWE TAC ADVISORY, and team of specialists, joint initiatives were considered to facilitate the entry of international companies into Uzbekistan and enhance the export potential of IT Park members.

CROWE TAC ADVISORY, a member of IT Park Uzbekistan, specializes in financial and accounting consulting (CROWE TAC ADVISORY), education (CROWE ACADEMY), and financial service automation via the B2B SPACE platform. The company serves major global corporations, including Apple, Intel, Sturgeon Capital, and the European Bank for Reconstruction and Development (EBRD), making it a key strategic partner in the development of Uzbekistan’s IT sector.  

Strategic Areas of Cooperation

• International expansion for IT Park members — supporting export-oriented IT companies and identifying foreign partners.
• Attracting foreign investors — participating in presentations showcasing Uzbekistan’s investment opportunities.
• Organizing joint events — hosting business events in Uzbekistan and abroad. 
• Specialist training — engaging international experts through CROWE ACADEMY.
• Startup support — participating in the financing of high-potential projects through IT Park Ventures.

FORCODE-PRO: Expanding Fintech Solutions in Uzbekistan

A meeting with Petr Timofeev, Founder and Director of FORCODE-PRO, focused on the company’s participation in Enterprise Uzbekistan, its global market expansion strategy, and plans to scale operations.

FORCODE-PRO, an IT Park member, specializes in the development of fintech solutions for leading financial institutions.

Key Outcomes of the Meeting

• Enterprise Uzbekistan — the company was introduced to the advantages of the special economic zone, which offers a favorable regulatory and banking environment for export-oriented enterprises. Enterprise Uzbekistan is set to be launched in 2025.
• Market expansion — company aims to implement its fintech solutions both in Uzbekistan and internationally.
• Workforce growth — in response to business expansion, the company plans to recruit highly qualified IT professionals, supported by IT Park’s educational initiatives.

Next Steps

These meetings underscored the strategic importance of international collaboration in fostering the growth of Uzbekistan’s IT ecosystem. IT Park Uzbekistan remains committed to cultivating an enabling environment for investors, supporting startups, and preparing specialists for the global IT industry.

IT Park actively collaborates with international partners and investment funds, fostering networking opportunities, attracting investments, and facilitating the entry of Uzbek IT companies into the global market.