The country plans to attract US$2 billion in investment while expanding support for the digital economy
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Thapana Onphalai / iStock [Photo source]
Uzbekistan aims to increase exports of information technology (IT) services to US$5 billion by 2030 and attract US$2 billion in investment into the sector. The plans were presented to President Shavkat Mirziyoyev as part of the country's long-term strategy to strengthen its digital economy, reports Kazinform, a partner of TV BRICS.
To support the industry's growth, authorities have proposed launching the Talent Hub programme. The initiative will enable foreign IT specialists and investors to register businesses online, open bank accounts and obtain international bank cards, making it easier to establish operations in Uzbekistan.
The government also plans to extend tax incentives for employees of IT Park resident companies until 2040 and broaden the scope of the IT Visa programme. These measures are intended to enhance the country's attractiveness as a destination for technology professionals and international investment.
Additional support will be available for companies exporting IT services, including partial reimbursement of salary expenses and compensation for the costs of obtaining international certification. The initiatives are expected to strengthen Uzbekistan's position as a regional centre for digital innovation and technology exports.
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