• KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
  • KGS/USD = 0.01144 0%
  • KZT/USD = 0.00193 0%
  • TJS/USD = 0.09217 -0.32%
  • UZS/USD = 0.00008 0%
  • TMT/USD = 0.28575 -0.14%
15 April 2025
11 April 2025

Kyrgyzstan Launches New IT Hub in Bishkek

@president.kg

On April 10, the Technopark IT hub officially opened in Bishkek, marking a significant milestone in the development of Kyrgyzstan’s fast-growing tech sector.

Spanning 14,000 square meters and designed to accommodate 1,500 jobs, the new hub was built with private investments totaling 2 billion KGS (more than $22 million). The facility serves as a center for digital innovation, entrepreneurship, and creative collaboration, featuring office spaces, co-working areas, conference rooms, and a professional podcast recording studio.

Current residents of the IT hub include some of Kyrgyzstan’s largest online services for trade, employment, real estate, and cryptocurrency exchange platforms.

The opening ceremony was attended by President Sadyr Japarov, who was welcomed by BilimBot, a Kyrgyz-speaking robot developed by local programmers.

In his remarks, Japarov highlighted the central role of digitalization and technology in modern economic development.

“Today, the world is undergoing rapid changes. The development of countries no longer depends only on natural resources. In the past, the global economy was dominated by countries rich in minerals or with access to the sea. Now, these factors are no longer decisive. We live in the digital age. The ability to use knowledge and technology as resources that can compete with natural ones has come to the fore,” he said.

The president also discussed legislative reforms aimed at fostering Kyrgyzstan’s IT landscape. In 2023, Japarov signed amendments to the Law on the High Technology Park of the Kyrgyz Republic, which extended its preferential tax regime indefinitely, a move designed to attract both local and international tech companies.

Established in 2011, the High Technology Park (HTP) was created to stimulate IT business development by offering substantial tax relief to companies exporting digital goods and services. Previously, tax exemptions were set for a 15-year term expiring in 2026. Under the new legislation, these tax benefits are now permanent.

Resident companies of the HTP enjoy exemptions from sales tax, profit tax, and value-added tax (VAT). Employees benefit from a reduced income tax rate of 5%, and the social insurance tax is fixed at 12% of the average monthly wage.

The IT sector is now one of Kyrgyzstan’s most dynamic industries. In 2021, the government created the Ministry of Digital Development to lead efforts in e-government services and to expand digital access across the country.

Sergey Kwan

Sergey Kwan

Sergey Kwan has worked for The Times of Central Asia as a journalist, translator and editor since its foundation in March 1999. Prior to this, from 1996-1997, he worked as a translator at The Kyrgyzstan Chronicle, and from 1997-1999, as a translator at The Central Asian Post.
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Kwan studied at the Bishkek Polytechnic Institute from 1990-1994, before completing his training in print journalism in Denmark.

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