IT Park resident signed an agreement with American company for $20 million

On October 24, as part of the ICT Week, a memorandum was signed between IT Park resident – Revotech and the American company Effika Corporation.

The signing ceremony was attended by the Minister for Development of Information Technologies and Communications Sherzod Shermatov, Advisor to the Minister Kamola Sabirova, Director of IT Park Uzbekistan Farhod Ibragimov, Deputy Director for Digital Education Abdulahad Kuchkarov, Deputy Director for International Relations Amalia Ergasheva, as well as CEO of Revotech Nodir Turdimatov and representatives of Effika Corporation.

The purpose of the memorandum is the development of new areas of business process outsourcing (BPO), namely insurance services.  Thus, according to the document, Effika Corporation will provide outsourcing services in the insurance sector for 2023 in the amount of $20 million.

The parties noted the importance of establishing mechanisms for interaction and mutually beneficial partnership, as well as combining efforts for joint actions within the framework of this Memorandum.

As the head of Revotech Nodir Turdimatov noted, such successes have become possible thanks to the policy of support that comes from the state in recent years.