Uzbekistan: New construction phase launched at IT Park in Tashkent

President Shavkat Mirziyoyev lays the symbolic first stone of the IT Park’s new-stage construction (official photo)

TASHKENT (TCA) — President of Uzbekistan Shavkat Mirziyoyev on November 20 visited the Technological Park of software products and information technologies in Tashkent, the president’s official website reported.

The IT Park was set up by the Ministry of Information Technologies and Communications of Uzbekistan and the Society of Software Technology Parks under the Ministry of Electronics and Information Technology of India as part of the implementation of the agreements reached during the state visit of the Uzbek president to India in 2018.

The 10 January 2019 resolution of the Cabinet of Ministers of Uzbekistan defined measures to organize the activities of the Technopark. In July this year, the first complex was put into operation in the allotted territory.

President Mirziyoyev got acquainted with the conditions created there.

In the innovation village, there are incubation and acceleration programs to support promising startup projects, with all the essential amenities for specialists. Currently, the first schemes are under realization in areas such as information technology, finance technologies, e-commerce, e-education, biotechnology.

For example, outsourcing capacities of the IT Park provide technological services to transport companies, cafes and pizzerias operating in the United States.

Enterprises registered as residents of the Technopark are exempt from taxes and customs duties through January 1, 2028.

It is planned to enhance the conditions for participants by building new IT offices, a business center, a hotel and other facilities on the territory of the Park.

President Mirziyoyev laid the symbolic first stone of the new-stage construction.

It is planned that the annual volume of goods produced and services provided there will exceed 10 million US dollars in 2020 and reach $100 million in 2025. The total project cost is $150 million.

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Times of Central Asia