IT Park Uzbekistan - 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...

ICTWEEK Uzbekistan

ICTWEEK Opens in Tashkent With Focus on AI and Foreign Investment

Thousands of technology executives, investors, startup founders, and government representatives have gathered in Tashkent for ICTWEEK Uzbekistan 2026, as Uzbekistan seeks to expand its technology sector and attract more foreign companies. The four-day event opened on September 22 at the Central Asian Expo Uzbekistan (CAEx) exhibition center and runs through September 25 under the theme “Land of Startups.” Organizers expect around 25,000 visitors. More than 2,000 participants from abroad, representing 70 countries, have already arrived in Uzbekistan to attend the event, according to Rustamjon Ozodjonov, head of global marketing at IT Park, Uzbekistan’s national technology hub, which supports startups and operates a residency program for IT companies. [video width="3840" height="2160" mp4="https://timesca.com/wp-content/uploads/2026/09/document_5303121082444720559.mp4"][/video] “As part of ICTWEEK, we expect B2B meetings, international forums, agreements, and strategic panel sessions,” Ozodjonov told The Times of Central Asia. Ozodjonov said young companies are presenting their projects to potential investors and partners at a dedicated Startup Alley. Artificial intelligence was one of the themes of the opening ceremony. The Bravo Orchestra first performed under the direction of an AI conductor named Timur, before conductor Alibek Kabdurakhmanov took over. Uzbekistan’s Minister of Digital Technologies Sherzod Shermatov used the experiment to question the role humans will play in the economy as AI develops. “Everyone is thinking about what will happen with AI. What will we humans do? I hope this conversation will be real and that people will still remain in demand,” Shermatov told the audience. He linked the issue to Uzbekistan’s young and growing population. The minister said he could not imagine a future in which “everything will be AI” and people are no longer needed. “The most important asset we have is human capital,” he added. Shermatov pointed to the expansion of higher education and digital skills programs, including One Million Coders and training in Python and artificial intelligence. He said Uzbekistan is also sending more young people to study at leading universities abroad. Another goal of ICTWEEK is to connect young professionals and startups directly with international companies and investors. Shermatov encouraged participants to learn foreign languages, particularly English, and use the event to find international partners. Uzbekistan is also seeking to attract more foreign technology companies. “More than a thousand foreign-owned companies are already residents of IT Park,” the minister said. IT Park is also expanding its network of overseas offices and representatives, including in the United States, Germany, South Korea, Saudi Arabia, and China. ICTWEEK also featured Enterprise Uzbekistan, a special legal jurisdiction for international technology companies. “Enterprise Uzbekistan is a territory based on the common law of England and Wales and provides a special jurisdiction for global technology companies,” Sultonmurod Rasulov, head of strategic partnerships at Enterprise Uzbekistan, told The Times of Central Asia. “Our goal is to create one of the best jurisdictions in the world, modeled on international financial centers but designed specifically for global technology.” According to Rasulov, Enterprise Uzbekistan aims to create a predictable legal environment for international technology companies and allow them to conduct business from Uzbekistan...

Artificial intelligence

Uzbekistan AI: Can Its Tech Boom Deliver an AI Economy?

Uzbekistan has spent the past several years positioning itself as a fast-growing Central Asian market for IT outsourcing. The government is now seeking to build an artificial intelligence economy on that export-oriented technology sector. While the state is investing in computing infrastructure and public-sector projects, Tashkent is looking to private technology companies to drive much of AI's commercial adoption. The strategy has produced visible activity, but whether it can develop into a sustainable AI economy remains an open question. Over the past five years, the government has expanded IT Park and its incentives, simplified rules for employing foreign specialists, and introduced tax breaks for resident companies. As digital service exports have grown, artificial intelligence has increasingly been positioned as the sector's next stage. According to IT Park, its resident companies were exporting services to more than 90 countries after the first seven months of 2025. North America accounted for 45% of exports, while the Asia-Pacific region and the Commonwealth of Independent States accounted for 26%, and the European Union and the United Kingdom for 24%. The figures show the sector's geographical reach. That export base gives Uzbekistan a plausible route into AI. Local companies can use existing engineering and outsourcing capacity to develop products for foreign clients, while private companies and software exports hold a prominent role in the government's commercial strategy. Uzbekistan has not yet built a fully fledged AI economy. Under targets set by an October 2025 presidential decree, at least 100 AI projects are to be implemented by the end of 2026, AI laboratories are to open at 15 universities, and more than $1 billion in foreign investment is to be attracted for AI infrastructure by 2030. These targets show the scale of the government's ambitions. Success will depend less on the number of approved programs than on whether they produce commercially viable AI products for international markets. Microsoft's Global AI Diffusion in Q1 2026 report estimated that 7.2% of Uzbekistan's working-age population used a generative AI product during the first quarter, compared with a global average of 17.8%. Uzbekistan was nevertheless among several Central Asian countries recording rapid growth from a relatively low base. Government policy is now shifting from creating favorable conditions toward supporting commercially oriented companies. In 2026, Uzbekistan launched the President AI Award, a national program combining startup acceleration with performance-based investment. Financing is linked to measurable business results and companies' ability to bring products to market. The government is also building a venture funding structure for technology startups. IT Park Ventures, established with the support of the Ministry of Digital Technologies, invests in technology startups, with artificial intelligence, fintech, DeepTech, and education technology among its priority sectors. The fund also helps portfolio companies enter international markets and connect with foreign investors. One Uzbek AI company active in this ecosystem is Repli AI. In March 2026, the startup secured $375,000 in cloud credits from Microsoft and Google to further develop its AI-powered sales and customer service platform. These were service credits rather than...

Global Business Services

GBSF 2026 Highlights Uzbekistan’s Push for Global Business Services and AI

More than 450 participants from business and government, representing over 45 countries, gathered in Tashkent on July 24–25 for the Global Business Services Forum 2026. The event centered on Uzbekistan’s effort to become a regional center for global business services and business process outsourcing (BPO), with artificial intelligence (AI) also a major focus. Organizers described it as Central Asia’s largest international forum devoted to global business services and the digital economy. The forum follows May’s Global Tech Weekend in Tashkent, which brought more than 2,500 technology and investment professionals to the capital. Opening the forum, Uzbekistan’s Minister of Digital Technologies Sherzod Shermatov said recent reforms had improved conditions for international technology companies considering investment or expansion in the country. Shermatov said companies could draw on qualified specialists and modern digital infrastructure while reaching a fast-growing regional market. He also invited international firms to invest and develop long-term partnerships. Azamat Karamatov, CEO of IT Park Uzbekistan, said the organization now has more than 3,800 resident companies, including over 1,000 international businesses. Exports of technology services have surpassed $1 billion. He said IT Park gives foreign companies a route into Uzbekistan’s technology sector while helping develop local talent. Sessions examined AI and talent development. Other discussions covered international investment and outsourcing. Speakers also outlined tax incentives and support available to foreign companies entering the Uzbek market. The Soft Landing program and Zero Risk initiative are among the available schemes. Key Account Management services provide additional assistance. One speaker was Arseny Kucheryuk, an expert at Antal Uzbekistan, part of the British recruitment company Antal International. He drew on the firm’s recruitment work and salary surveys to describe changes in the labor market. Kucheryuk, who moved to Uzbekistan nearly five years ago, said employers once struggled to find highly qualified candidates. The market has since become more balanced, although strong candidates can still receive several offers within weeks. He said companies seeking experienced professionals often need to offer salaries well above candidates’ current income. Antal research found that more than 60% of candidates expect an increase of at least 20% when changing jobs. Kucheryuk added that pay alone does not determine retention. Career prospects and management quality also influence whether skilled staff remain with an employer. He said workplace culture is especially important when addressing religion or family. Speaking to The Times of Central Asia after his presentation, Kucheryuk said foreign investment was creating career opportunities in Tashkent and elsewhere in Uzbekistan. He attributed Uzbekistan’s appeal to cooperation between the government and private sector, which he said helps international companies enter the market and supports local businesses. Kucheryuk advised foreign investors to understand local business culture before entering the market. Although companies may bring senior executives from abroad, he said operational roles requiring knowledge of local law and business practice should generally be filled in Uzbekistan. Iyad Hafez, CEO and managing partner of Staff Arabia, said his first visit to Uzbekistan exceeded expectations. “I’m positively surprised,” he told The Times of Central Asia. “Very...

Tech Startups

Uzbekistan Expands President Tech Award to $5 Million, Launches $1 Million AI Startup Competition

IT Park Uzbekistan has opened a new season of the President Tech Award, the country’s largest technology competition, and launched a separate national contest focused on artificial intelligence, the President AI Award. The official presentation of both programs took place on July 1 during the Powering the Startup Ecosystem event at the Congress Hall of Uzbekistan’s Ministry of Digital Technologies. Organizers said the competitions will support technology startups through grants, venture investment, mentoring, and access to international markets. Azamat Karamatov, CEO of IT Park Uzbekistan, said the decision to increase the President Tech Award prize pool to $5 million and create the President AI Award reflected investment in a new generation of technology companies. “Our task is to create conditions under which talented developers and entrepreneurs can turn ideas into global products and contribute to the development of Uzbekistan’s digital economy,” he said. Launched on a presidential initiative, the President Tech Award has become one of Uzbekistan’s main platforms for technology projects. Organizers said more than 6,000 people took part in the most recent cycle and 862 startup teams competed, nearly double the previous season’s figures. Since the competition began in 2023, more than 13,000 people have applied and around 1,800 teams have been formed. Of the 45 projects that previously received awards, winners have created more than 400 jobs and attracted more than $10 million in post-competition investment. For 2026, the President Tech Award prize fund has been increased from $1 million to $5 million. The total includes $1 million in non-repayable grants and $4 million in venture investment for selected startups. The program will include three tracks. Early-stage teams will enter an incubation track focused on product-market fit and international mentoring, with 25 winners sharing $1 million in grants. Startups in the growth stage will compete for $1.5 million in investment through the acceleration track. A third track, Best Startup Project, will offer $2.5 million in investment from IT Park Ventures across 10 sectors, with winners selected by an international jury. The President AI Award is Uzbekistan’s first state competition dedicated fully to AI startups. It is designed to identify and develop AI projects that offer practical solutions for economic and social needs. The competition will focus on public administration, industry and entrepreneurship, healthcare, education, and the green economy and agritech. After selection, 25 startups, five from each field, will enter an acceleration program. They will work with mentors and experts to refine their products, prepare investor pitches, and raise their profile in Uzbekistan. The total investment pool for the President AI Award is $1 million, with 15 winners to receive financing across the five fields. Awards will be distributed as investments in two tranches tied to agreed performance indicators. Each field will have three winners, with $100,000 for first place, $60,000 for second, and $40,000 for third. Sherzod Shermatov, Minister of Digital Technologies, traced the awards to a shift in national policy. Uzbekistan initially promoted an outsourcing-focused IT sector, he said, but soon saw a rapid rise...

Uzbekistan AI adoption Trails Global Average, Microsoft Report Finds

Only 7.2% of people aged 15 to 64 in Uzbekistan used generative artificial intelligence tools during the first quarter of 2026, according to Microsoft’s latest Global AI Diffusion Report. The figure places Uzbekistan below the global average, as the share of generative AI users worldwide rose from 16.3% in the second half of 2025 to 17.8% in the first quarter of 2026. It also highlights a persistent gap in Central Asia between governments’ digital ambitions and current levels of public uptake. Among Central Asian countries, Kazakhstan recorded the region’s highest adoption rate at 15.9%, followed by Kyrgyzstan at 9.5%. Uzbekistan ranked third, ahead of Tajikistan and Turkmenistan, both at 6.1%. However, the report also showed that Uzbekistan is not standing still. Its AI user share rose from 5.7% in the first half of 2025 to 7.2% in the first quarter of 2026, while Kazakhstan, Kyrgyzstan and Uzbekistan were all listed among the fastest-growing economies for AI adoption since June 2025. The report identified the United Arab Emirates as the global leader in generative AI usage, with 70.1% of the working-age population using such technologies. Singapore ranked second at 63.4%, while Norway, Ireland and France also placed among the top five. Microsoft researchers said the global spread of AI technologies remains uneven because of differences in internet access, electricity reliability, digital infrastructure and levels of digital literacy. For Uzbekistan, the findings point to a familiar problem: public adoption is still catching up with the country’s digital ambitions. At the GSMA M360 Eurasia summit in Samarkand in May, Digital Technologies Minister Sherzod Shermatov said Uzbekistan was promoting mass education among young people through the “5 Million AI Leaders” program, while GSMA data projected that more than 40% of mobile connections in Uzbekistan could use 5G by 2030. The comparison with Kazakhstan remains instructive. TCA has previously reported that Kazakhstan is already testing AI-linked systems in state administration, including the KEDEN customs platform, which has cut declaration processing times to under one minute, and Smart Cargo, a planned single digital window for logistics services. Microsoft’s figures suggest that Kazakhstan’s more advanced public uptake is beginning to match its state-backed digital push, while Uzbekistan is still building the skills and infrastructure needed to broaden AI use.