IT Park Uzbekistan - The Times Of Central Asia

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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.

GSMA Summit

Uzbekistan AI and 5G Push in Focus at GSMA M360 Eurasia

Policymakers, telecom executives, investors and technology leaders gathered in Samarkand on May 20-21 for GSMA M360 Eurasia 2026, a regional summit focused on digital transformation, artificial intelligence, connectivity and the future of telecommunications across Eurasia. The event brought together government representatives and industry figures to discuss how countries in Central Asia and neighboring regions can translate expanding mobile connectivity into long-term economic growth. Questions surrounding 5G deployment, AI infrastructure, education, startup ecosystems and digital skills featured prominently throughout the discussions. In an interview with The Times of Central Asia, Tair Ismailov, Strategic Engagement Director at the GSMA, discussed what governments should realistically expect from 5G, the challenges of building AI ecosystems and why education may ultimately determine whether countries benefit from rapid technological change. His comments come as Uzbekistan expands investment in telecommunications, data infrastructure and AI education while positioning itself as one of Central Asia’s fastest-growing digital economies. Why 5G May Matter More to Industry Than Consumers For many governments, 5G deployment has become a symbol of technological progress. Yet Ismailov said the economic benefits differ significantly depending on how countries adopt the technology. “Each country has its own path,” he said. “There are countries that have been pioneers in 5G, for example the U.S., South Korea and China, because they have ecosystems of equipment that they need to produce and drive.” Other countries, he argued, may benefit from moving later. “Sometimes it’s better for developing countries not to be in the avant-garde, but rather to follow examples and learn from existing cases,” he said. According to Ismailov, one of 5G’s most immediate functions is helping networks manage growing internet demand. Digital consumption patterns have changed dramatically over the last decade, he noted. “Back in the day, we never streamed videos, now we take it for granted,” Ismailov said. “Average internet consumption in the region is around 17GB per month per user. These are big numbers.” As traffic increases, networks require greater efficiency and capacity. “For networks simply to cope with this traffic, they need to be more productive, and 5G brings this productivity,” he explained. However, he suggested that the technology’s most significant economic impact may emerge outside consumer markets. “If you look at China and other markets, the biggest 5G benefits are granted to the B2B sector,” Ismailov said. “Businesses benefit from low latency and higher speeds.” Consumers may not immediately notice improvements, he added, but industries relying on automation, logistics, manufacturing or cloud services could see larger gains. “On the consumer side, you might not notice it,” he said, “but when you don’t have it, you start noticing it.” [caption id="attachment_49335" align="aligncenter" width="2560"] Image: TCA/Sadokat Jalolova[/caption] Building AI Requires More Than Data Generation As artificial intelligence expands globally, governments have begun viewing data as a strategic resource. Asked whether Uzbekistan has enough high-quality and accessible data to build a meaningful AI ecosystem, Ismailov argued that generating information is no longer the primary challenge. “I don’t think the question is generating data,” he said. “The question is...

Global Tech Weekend

Global Tech Weekend Brings International Investors and Startups to Uzbekistan

More than 2,500 startup founders, investors, developers, venture capital representatives, and technology experts gathered in Uzbekistan’s capital from May 15-17 for the inaugural Global Tech Weekend × TECH FEST, an event organizers say reflects the region’s growing role in the international innovation economy. Held in partnership with IT Park Uzbekistan, the three-day festival featured more than 40 events and over 120 speakers from Central Asia, Europe, the Middle East, and the United States. Discussions covered artificial intelligence, venture capital, gaming, digital transformation, startup scaling, and cross-border investment. The event marks Global Tech Weekend’s first edition in Uzbekistan. Founded in Los Angeles in 2024, the event debuted in Tbilisi in 2025 before expanding in 2026 to Tashkent, Tbilisi, and Baku as flagship host cities. “You have everything you need to achieve your goals. IT Park and the government provide strong support. I wish every country had this level of support,” said Jaba Kikvidze, co-founder of Global Tech Weekend, during the festival. “My advice to founders in Uzbekistan is to work hard, look beyond the local market, explore new opportunities, and make use of the ecosystem being built around you,” he added. [caption id="attachment_49077" align="aligncenter" width="300"] @IT Park Uzbekistan[/caption] One of the recurring themes of the event was how Central Asian startups can move beyond domestic markets and attract international investment. During a panel titled “Roots: Local Playbooks on Investing and Building within Central Asia,” regional investors discussed how funding strategies and startup expectations are evolving across emerging economies. Representatives from global accelerators and investment networks also highlighted growing international interest in founders from less traditional technology hubs. Speaking to The Times of Central Asia, Farrukh Erkinov, head of the Startup Ecosystem Development Department at IT Park Uzbekistan, said one of the festival’s main objectives was to create direct links between local entrepreneurs and global investors. “One of the most important factors in today’s startup ecosystem is connection to the global community,” Erkinov said. “Through Global Tech Weekend, we aimed to create a direct platform for startups in Uzbekistan to interact with international investors, accelerators, and technology partners.” [caption id="attachment_49078" align="aligncenter" width="300"] @IT Park Uzbekistan[/caption] Artificial intelligence was another major focus of the festival. Speakers including Ethan Pierse, a partner at Borderless Ventures whose work focuses on the AI economy, argued that traditional investment models are becoming less effective as AI reshapes industries and shortens startup development cycles. The event also included startup pitch competitions featuring projects from Uzbekistan and neighboring countries, mentorship sessions with international experts, and esports tournaments centered on PUBG MOBILE and Mobile Legends. Organizers said the festival is intended to connect Central Asia more closely with the Caucasus and other neighboring regions. “We believe we can unite Central Asia and the Caucasus,” Global Tech Weekend co-founder Guri Koiava told The Times of Central Asia. “This means friendship, bridges between countries, joint investments, and new business opportunities. Here I see a strong drive from young people. They believe in what they are building."

Startups

Uzbekistan Startups Win Two Honors at Global Startup Awards

Uzbekistan’s startup ecosystem received international recognition this week after two projects from the country won top honors at the Global Startup Awards Grand Finale, held during the EU-Startups Summit in Valletta, Malta. The event brought together startup founders, investors, and technology leaders from more than 54 countries. The Global Startup Awards is considered one of the world’s leading platforms for recognizing innovation ecosystems, selecting finalists through regional and national competitions across multiple continents. According to organizers, Uzbek representatives won in two global categories. Rakhimakhon Nugmanova, founder of the startup Peritech, received the “Ecosystem Hero of the Year” award, while Catextra was named “Best Greentech Startup of the Year.” Speaking to Times of Central Asia, Nugmanova said the recognition carried special meaning because it reflected support from the international startup community itself. “For me, this award is very important because it means people themselves chose me,” she said. “It shows that the work we are doing to develop the ecosystem has been noticed and appreciated by the people it is meant for.” She added that representing both Uzbekistan and Central Asia on the global stage was significant at a time when the region is drawing increasing international attention. “I think people were able to feel my sincerity and my passion for this work,” Nugmanova told The Times of Central Asia. “For many years, I have worked at the intersection of education, technology, and the public sector, and I hope I am making a meaningful contribution to people’s lives, from children to adults.” The success in Malta follows the Global Startup Awards Central Asia regional final held in Tashkent during ICT Week in September 2025 with support from IT Park Uzbekistan. The event helped regional startups connect with investors and international technology networks. Catextra’s victory highlighted growing international interest in sustainable technologies developed in Uzbekistan. The platform focuses on transparency and traceability in the textile industry, helping manufacturers track every stage of their supply chains and verify compliance with international ethical and production standards. A member of the Catextra team, Amal Isamukhamedov, told The Times of Central Asia that the award demonstrated international confidence in an idea developed in Uzbekistan. “For our team, winning at the Global Startup Awards means recognition and trust from European technology structures in our Uzbek idea,” he said. “We realized that our idea can work not only in our region, but also beyond it.” According to Isamukhamedov, the platform is designed to help textile and agricultural exporters from Uzbekistan and Central Asia access higher-value markets in Europe, the United States, and Asia, where buyers increasingly demand proof of product origin and transparent supply chains. “Our platform helps local producers export faster, more cheaply, and more easily,” he said. He also credited growing state support for the startup sector, including initiatives backed by President Shavkat Mirziyoyev and IT Park Uzbekistan, with helping local startups enter international markets. “Five years ago, these ideas and this political will were only beginning to form,” he said. “Now a new generation of...