Emerging Europe has published an article about IT Park and the rapid development of the IT sector in Uzbekistan

Prominent international publication Emerging Europe, along with several other global media outlets, have published articles about IT Park, the rapid development of Uzbekistanʼs IT sector, and the upcoming event ICTWEEK UZBEKISTAN 2023 in Tashkent.

These publications highlight that in recent years, Uzbekistan has emerged as the most promising and attractive IT hub in the region for foreign investors in the fields of BPO and IT outsourcing.

The articles emphasize the favorable conditions for IT business development in Uzbekistan. Specifically, IT Park provides foreign IT companies with access to cutting-edge technologies and infrastructure designed to meet the needs of the IT industry, along with support programs for residents.

By becoming a resident of IT Park, companies receive exemption from all corporation taxes, and incoming investors and specialists may access the preferential IT Visa for up to three years. This simplifies acquisition of residence permits and access to a full range of social services, including in healthcare and education.

In addition, the articles mention the Zero Risk program designed to streamline the relocation of foreign businesses. Its advantages include free office space for up to 12 months; assistance with the technical setup of the office; and reimbursement of up to 15 per cent of payroll expenses for Uzbek employees, and of up to 50 per cent of costs incurred in attracting international mentors to the country.

The ICTWEEK UZBEKISTAN 2023 conference builds on the Digital Leadership Forum which was held in Tashkent in July. The event brought together over 300 BPO companies worldwide, defining a target to increase the export volume of IT services from Uzbekistan to five billion US dollars by 2030.