ICT Week Uzbekistan 2026 - The Times Of Central Asia

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ICT Week Uzbekistan 2026

Golden Gate Ventures Plans Two-Year Program for Central Asian Startups in Uzbekistan

Singapore-based venture capital firm Golden Gate Ventures plans to launch a two-year program in Uzbekistan for 20 startup founders from across Central Asia, giving them access to mentors and the fund’s international network. Michael Lints, MENA founding partner at Golden Gate Ventures, announced the initiative during ICT Week Uzbekistan 2026, held in Tashkent from September 22 to 25. The program will be launched with IT Park Uzbekistan, while details of the application and selection process are expected later. Lints told The Times of Central Asia that Golden Gate Ventures had also opened an office in Tashkent in June and now plans to invest in Uzbek startups. “We have strong confidence in the potential of your country, the startup founders we are meeting here, and the companies they are building,” he said. “Last year, IT Park invited us, and one year later, we have our own office here.” The two-year program will connect the selected founders with Golden Gate Ventures’ network in Asia, the Middle East, the United States, and Europe. Lints said the fund sees Uzbekistan developing into an important startup center in Central Asia. Startups featured prominently at ICT Week this year. The event was promoted under the “Land of Startups” concept, with more than 50 startups presenting their products to investors and potential partners. ICT Week’s official program also brought venture investors, including Golden Gate Ventures, Gobi Partners, 500 Global, SparkLabs, and other funds to its Startup & Venture Summit. Farrukh Erkinov, Director of Startup and Venture Ecosystem Development at IT Park Uzbekistan, told TCA that the number of international investors and startup organizations attending events in Tashkent has changed considerably in recent years. “A conversation at a stand can later turn into an order, while a presentation can become an investment partnership,” Erkinov said. “A team that has created a product can meet, right here, the people who can help them develop it.” [caption id="attachment_57199" align="aligncenter" width="1774"] Alif, an international fintech company in Central Asia with projects in Uzbekistan, Tajikistan, and Pakistan, has a banner where visitors write their names or the names of their projects; image: ТСА[/caption] Among the regional participants was AI Academy from Kyrgyzstan. Product manager Emir Satykenov said the academy trains students in data engineering, data analytics, data science, machine learning, and AI engineering. According to Satykenov, more than 1,000 students have studied at the academy, while its wider AI community includes more than 2,500 people. Some courses are free, including programs for women and people who cannot afford tuition, with grants provided by Kyrgyzstan’s High Technology Park. The academy is also connected with Kyrgyz AI Research, whose developers are building open-source AI models for Kyrgyz, Kazakh, and other Central Asian languages. “Our AI model can work in Kazakh, Kyrgyz, and other Central Asian languages,” Satykenov said. “We also have an LLM model for text-to-text and image generation, and we are creating many open-source models in Kyrgyzstan.” [caption id="attachment_57201" align="aligncenter" width="1774"] The Huawei exhibition stand at ICT Week Uzbekistan 2026. Image: TCA[/caption] Elsewhere...

C5+1

How Kazakhstan Initiated C5+1

When U.S. Secretary of State Marco Rubio travels to Samarkand in mid-October, he is expected to meet the foreign ministers of all five Central Asian states under a diplomatic format known as C5+1. He will also be accompanied by representatives of more than 100 American companies, underscoring how far the platform has developed since its creation in 2015. C5+1 — Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan, plus the United States — has become Washington’s principal diplomatic mechanism for engaging Central Asia as a region. It has expanded from meetings of foreign ministers to presidential summits and cooperation on trade, security, connectivity, energy and critical minerals. Less widely known is the role Kazakhstan played in getting it started. S. Frederick Starr, founding chairman of the Central Asia-Caucasus Institute and a longtime scholar of the region, has argued for years that the proposal that developed into C5+1 came from Kazakhstan rather than from inside the U.S. government. In a detailed account published on September 24, titled How C5+1 Came to Be, Starr identifies Kairat Umarov, then Kazakhstan’s ambassador in Washington, as the diplomat who set the process in motion. Starr writes that shortly after Umarov arrived in Washington, the two discussed the absence of a mechanism through which the United States could deal with Central Asia collectively rather than through five separate bilateral relationships. In 2013, after consulting Astana, Umarov approached Nisha Biswal with the idea of creating a regular consultative mechanism between Washington and the governments of Central Asia. According to Starr, Biswal supported the proposal and subsequently took it to Secretary of State John Kerry, who approved moving ahead with the concept. Afghanistan was initially considered for inclusion, which would have produced a C6+1 format. It was ultimately left outside the mechanism, resulting in the C5+1 grouping that exists today. In September 2014, three Kazakh and three American authors, including Starr, published Looking Forward: Kazakhstan and the United States. The study was prepared with support that included Kazakhstan’s embassy in Washington and called specifically for establishment of a “Central Asia Six Plus One” mechanism. The report argued that the United States lacked a regular platform for engaging Central Asia on a regional basis and proposed a U.S.-Central Asia/Afghanistan partnership. By then, the concept had moved beyond an informal diplomatic conversation. A jointly produced Kazakh-American policy paper was explicitly calling for Washington to establish essentially the same regional mechanism that emerged the following year. Starr says the proposal subsequently received support from Kazakh President Nursultan Nazarbayev and Uzbek President Islam Karimov. Karimov wanted the Central Asian meeting held in Samarkand, an arrangement to which Astana and Washington agreed. The five Central Asian foreign ministers and Kerry met in New York on September 26, 2015. They gathered again in Samarkand on November 1, where Kerry described the meeting as the first time the six countries had met as a group in that format. The resulting joint declaration committed them to regular meetings under the name C5+1. [caption id="attachment_57100" align="alignnone" width="1828"] Source: S....

ICT Week Uzbekistan 2026

What We Found at ICT Week Uzbekistan: Startups, Robots and the Next Wave of Digital Innovation

ICT Week Uzbekistan 2026 filled Tashkent’s Central Asian Expo with everything from biometric payment systems and health-monitoring AI to experimental satellites and drone football. Held from September 22 to 25, the annual technology event brought together more than 300 exhibitors from 51 countries, according to the organizers. Walking through the exhibition, The Times of Central Asia spoke with developers and startup founders from Uzbekistan and Tajikistan about the latest generation of Central Asian tech products, and attempts to bring engineering education beyond the region’s largest cities. [video width="1920" height="1080" mp4="https://timesca.com/wp-content/uploads/2026/09/document_5309977585415922252.mp4"][/video] Paying with a Palm or a Smile At the BRB Tech stand, the Uzbek fintech company demonstrated products that it has developed for the banking sector, including biometric payment systems that use a customer’s palm or face. The idea is straightforward: instead of taking out a card or phone at a shop or coffee shop, a customer could authorize a payment using biometric data. [caption id="attachment_57065" align="aligncenter" width="1024"] A representative of BRB Tech presents the company's smile payment and palm payment solutions for shops and coffee shops.[/caption] Company representative Muratbek Azamkulov told TCA that Smile Payment was undergoing testing and had achieved 99.9% accuracy. Palm Payment is initially being developed for Uzbekistan's Business Development Bank, but Azamkulov said the company plans to offer the technology to other banks as well. On a nearby stand, IT Park Dushanbe was trying pitch the Tajik capital as an attractive destination for technology companies. Hilola Safarova, head of marketing and public relations at the park, said it now has more than 100 residents and over 50 partners. The park offers technology companies tax benefits and customs preferences, including exemptions for qualifying imported equipment. [caption id="attachment_57064" align="alignnone" width="1024"] Hilola Safarova, Head of Marketing and Public Relations at IT Park Dushanbe, presents the park's services and opportunities for IT companies.[/caption] A Startup Trying to Make Banks Compete for Borrowers One of the smaller Uzbek startups at the exhibition was FINKO, founded by Jaloliddin Ibodov. Its model reverses the usual process of looking for a loan. Instead of approaching banks one by one, an individual or business submits information through FINKO. The application can then be sent to several banks and microfinance organizations, allowing the borrower to compare offers. The cheapest interest rate is not necessarily the only consideration. "One borrower may want a lower monthly payment, while someone else might prefer a longer loan. Another person will look for the cheapest interest rate," Ibodov said, adding that FINKO currently works with five banks and ten microfinance organizations and has around 30,000 registered users. The platform charges users 10,000 Uzbek soums, about $0.80, to submit an application and receives a commission from a partner bank when a loan is issued. For about a year, the founders financed development themselves. Ibodov said the startup has begun approaching venture capital firms as revenue starts to appear. From Robotics Clubs to Satellites A large part of the exhibition was aimed at a younger generation of engineers. Diyorbek Kodiraliyev of the...

Technology Investment

Enterprise Uzbekistan Offers Tech Firms English-Law Framework and Tax Incentives Through 2100

Uzbekistan is offering international technology companies a separate legal regime based on principles of English law, tax incentives, three-year visas for foreign specialists, and a regulatory sandbox for testing new products. The measures will form the basis of Enterprise Uzbekistan, a new international center for digital technologies. Organizers presented the project a ICT Week Uzbekistan 2026, held in Tashkent from September 22 to 25, during which they hosted a dedicated Enterprise Uzbekistan Summit. [caption id="attachment_56891" align="aligncenter" width="1200"] Davron Yakubov, managing partner at BDO Uzbekistan[/caption] The government hopes the new regime will reduce some of the risks foreign companies face when entering Uzbekistan, including changes in tax rules, commercial disputes, and restrictions on hiring overseas staff. The special regime is planned to remain in place through 2100, while conditions granted to participants are not supposed to become less favorable over time. Farkhod Ibragimov, Chief Executive of Enterprise Uzbekistan, said foreign companies entering a new market typically want to know how long incentives will last, how disputes will be resolved, and what tax, customs, and visa rules they will face. Sultonmurod Rasulov, Head of Strategic Partnerships at Enterprise Uzbekistan, argued that uncertainty itself imposes costs on businesses. “Uncertainty is a kind of hidden tax on every direction a business moves in and every decision it makes,” Rasulov said. For technology companies, he added, rapid economic growth alone is not enough. “Global clients do not buy Uzbekistan’s GDP. They buy certainty, they buy products, they buy predictability.” English Law, Commercial Court, and Regulatory Sandbox Enterprise Uzbekistan is being established as a separate legal environment for international technology companies. English will be the official language for documentation, while its legal framework will draw on the common law of England and Wales. Commercial disputes are expected to fall under the jurisdiction of the Tashkent International Commercial Court. “Even if the Enterprise Uzbekistan administration makes a wrong decision regarding a company, it will be able to challenge that decision in an independent court,” Ibragimov said. The center will also include a regulatory sandbox allowing companies to test products in areas where existing rules have not kept pace with new technologies. The regime is expected to cover cloud data storage and processing, international recruitment, and investment instruments familiar to foreign investors. Companies will be allowed 100% foreign ownership, while more flexible employment arrangements are planned for overseas specialists. Taxes and Visas Enterprise Uzbekistan plans to apply three main taxes: value-added tax (VAT), corporate income tax, and personal income tax. Priority activities may qualify for exemptions from corporate income tax and a zero VAT rate on sales abroad and within the center, subject to the final rules. Rasulov said highly qualified foreign specialists may also qualify for zero personal income tax on salaries and dividends. Foreign specialists are expected to be eligible for visas valid for up to three years, renewable without leaving Uzbekistan. Those meeting Enterprise Uzbekistan requirements will not need a separate work permit. Technology Exports and Talent Rasulov said Uzbekistan’s information and communications technology (ICT)...