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    Uzbekistan

    Uzbekistan's IT sector aims for tenfold growth by 2030

    Uzbekistan's IT sector aims for tenfold growth by 2030

    President Shavkat Mirziyoyev, delved into a presentation outlining proposals aimed at bolstering infrastructure development and augmenting the export of IT services in Uzbekistan, on February 22, presidential press service reported.

    Uzbekistan boasts a burgeoning IT sector with 1,700 resident companies in IT parks, providing employment to 26,000 individuals. However, in line with the ambitious "Uzbekistan-2030" strategy, the aim is to amplify the number of IT park residents tenfold, creating 100,000 jobs within these entities, and elevating the sector's export volume to $5 bn.

    To achieve these targets, the proposed "Zero Risk" program seeks to entice IT-exporting organizations to regional hubs. Participants in this program will enjoy complimentary use of vacant state-owned buildings for up to one year, endorsed by IT park recommendations. Subsequently, a direct contract will be established, with technology and equipment provided free of charge for the initial year by the IT park.

    Incentives under the program encompass reimbursing up to 50% of employee recruitment and training expenses incurred by participating enterprises. Concurrently, the "Local to Global" initiative endeavors to catapult local IT firms onto the international stage by subsidizing up to 50% of their costs for global market entry, participation in international exhibitions, and engagement of foreign experts.

    Furthermore, the presentation outlined the "digital inclusion" project, envisaging the training of youth, women, and persons with disabilities in IT service provision. This initiative aims to generate 9,000 employment opportunities, with a focus on integrating 5,000 women and persons with disabilities into the workforce. Overall, the "digital inclusion" project is anticipated to facilitate the employment of 25,000 individuals.

    President Mirziyoyev endorsed the proposed measures and issued additional directives to advance the implementation of these initiatives.

    Earlier Daryo reported that in 2023, 41 companies based in IT Parks in Uzbekistan exported IT services and digital products to the United Arab Emirates, generating revenue totaling $19.7 mn. Emphasizing Uzbekistan's strong human resource base, it was noted that almost 60% of the country's population of 36 mn are under the age of 30, possessing excellent literacy rates and proficiency in multiple foreign languages. With more than 30,000 graduates in IT fields annually from 65 universities, Uzbekistan offers a significant talent pool for the global IT sector.

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    23.02.2024, 00:12   Comments (0)   1628
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