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Uzbekistan plans to extend its IT exports to $5 billion by 2030, in response to Farkhad Ibragimov, CEO of the nation’s IT Park. The IT Park is a state-backed initiative that goals to speed up the expansion of the BPO and IT outsourcing business in Uzbekistan.
Ibragimov informed delegates on the Uzbekistan Outsourcing Discussion board that the nation’s younger and rising inhabitants, its sturdy infrastructure, and its authorities assist packages make it well-positioned to attain this objective.
“With a inhabitants of 36 million and a mean age of 29, Uzbekistan’s younger and rising inhabitants is ideally positioned to reach the IT sphere,” Ibragimov stated. “Ninety-nine % of the nation has web entry and greater than 25,000 college students graduate from college yearly.”
The IT Park provides a variety of incentives to firms that function in Uzbekistan, together with tax breaks, free workplace area, and grants for employees coaching. The IT Park additionally has various packages to assist firms export their companies.
As of as we speak, there are greater than 1,400 IT Park resident firms, which make use of about 24,000 professionals. Ibragimov expects that by 2030, there might be greater than 300,000 professionals employed by 10,000 firms within the nation’s IT outsourcing business.
Uzbekistan’s IT sector is rising quickly, and the nation is turning into an more and more enticing vacation spot for international funding. The federal government’s dedication to growing the IT sector is predicted to assist Uzbekistan obtain its objective of turning into a serious participant within the international IT business.
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