The number of residents in Uzbekistan’s IT Park supplying digital services abroad reached 936 at the end of September, representing a 70% increase in exporters among IT service companies over the past nine months. More than a third of the park residents are now generating income from exports.

Among the newly established resident exporters, over half are focused on IT service implementation, which encompasses software development, modification and technical support. 

Additionally, 190 firms are engaged in outsourcing services, while 21 are involved in the creative industry and GameDev.

The regional expansion of IT exporters has also been noteworthy, with 191 companies commencing operations outside major urban centres. 

This regional focus has led to a 374% increase in the volume of IT services supplied abroad. 

The Tashkent region leads with 32 companies, followed by Samarkand with 29 and Jizzakh with 17.

Between July and September alone, more than 200 IT companies with foreign participation were established, including 84 joint ventures. 

These new ventures attracted investors from 52 countries, including the US, Great Britain, Germany, France, China, Japan, the UAE, India and Singapore.

The geographical reach of Uzbekistan’s digital products and services has expanded to 78 countries, up from 58 a year earlier. 

The North American region continues to be the largest market for these exports, accounting for 45% of foreign revenue. 

The CIS and Asia-Pacific region contribute 27%, European markets represent 21%, while the Middle East and North Africa account for 6%.

In mid-October, President Shavkat Mirziyoyev announced new incentives for companies exporting IT services founded by foreign investors, including a reduction in personal income tax and profit tax rates to 5%.