Perspectives of cooperation with PASHA Holding have been discussed

On February 19, the Ministry of Digital Technologies of the Republic of Uzbekistan hosted a meeting with the management of PASHA Holding.

The meeting was attended by Sherzod Shermatov, Minister of Digital Technologies, Farhad Ibragimov, CEO of IT Park, Jalal Gasimov, CEO of PASHA Holding, Dayanat Sadullaev, Head of the Office of PASHA Holding, and other participants.

Meeting encompassed discussion deliberated on various aspects of cooperation between PASHA Holding and IT Park. Specifically, topics included PASHA Holding’s plans for implementing projects in Uzbekistan; the participation of representatives from the Ministry of Digital Technologies and IT Park at the InMerge Innovation Summit in Baku in October of this year; the implementation of the Softlanding program for companies from Azerbaijan, and the promotion of companies from Uzbekistan in international markets through PASHA Holding's partners.

Furthermore, representatives from PASHA Holding were extended invitations to the Offshore Outsourcing Tour scheduled for March and to ICT Week Uzbekistan slated for the autumn of this year.

Following this, a meeting convened with Farrukh Makhkamov, Deputy Chairman of AloqaBank, during which discussions revolved around potential collaboration in fostering venture investment and supporting startups.

PASHA Holding articulated considerable interest in fostering partnership ties with Uzbekistan across diverse domains, encompassing information technology, innovation, and financial services.

These meetings have constituted significant strides towards establishing close cooperation between the two parties and creating favorable conditions for promoting local companies in the global market, as well as attracting foreign companies to Uzbekistan.

Founded in 2006, PASHA Holding is a prominent investment company headquartered in Baku, Azerbaijan. Employing over 17,000 individuals, the holding operates offices in Turkey and Georgia. As of the onset of 2023, the collective assets of PASHA Holding amounted to approximately $11.3 billion, with capital reaching around $1.43 billion.

The holding is represented by companies such as Pasha Bank, Kapital Bank, Pasha Insurance, Competo, Pasha Pay, Pasha Technologies, and others, operating across sectors including banking and finance, insurance, information technology, and beyond.