Georgian investors eye Uzbekistan’s IT market

The delegation studied working conditions and incentives for IT Park residents

On October 29, representatives of Georgian companies visited IT Park Uzbekistan as part of a business trip aimed at developing economic ties between the two countries. The main purpose of the visit was to explore Uzbekistan’s technological infrastructure, business conditions in the IT sector, and capital investment opportunities. The trip was a follow-up to the Uzbek-Georgian business forum held the day before in Tashkent.

At the forum on October 28, participants discussed prospects for cooperation in construction, industry, agriculture, transport, logistics, and information technology. The program also included negotiations between companies and government representatives in B2B and B2G formats. The visit to IT Park was a separate stage in introducing Georgian business to Uzbekistan’s investment environment.

Image source: uzdaily // IT Park Uzbekistan

Representatives of the technology park briefed the guests on the available infrastructure, market entry mechanisms, and the procedure for obtaining resident status. The Georgian delegation also studied the incentives and other working conditions provided for IT Park members. Additionally, the parties discussed investment prospects in the Uzbek IT sector. No specific projects, potential investment amounts, or agreements reached as a result of the visit were reported.