Pakistan's Mateen Group intends to open an IT company in Uzbekistan

The company is considering establishing a local subsidiary and exporting IT services to foreign markets.

Pakistan's Mateen Group of Companies (MGC) is exploring prospects for entering the Uzbek market. Company representatives discussed business setup matters with the management of IT Park Uzbekistan. The meeting was attended by MGC founder and CEO Muhammad Sohaib Mateen, as well as the company's business cooperation representative Ali Anwar Ali.

The Uzbek side presented to potential investors the conditions for obtaining IT Park resident status, as well as the IT Visa, Business Card, and Zero Risk programs. The delegation was briefed on the technopark's regional infrastructure, available office spaces, and business accommodation opportunities. In addition, MGC representatives were offered several sites across the country's regions.

Image source: uzdaily // IT Park Uzbekistan

Following the negotiations, Muhammad Sohaib Mateen expressed interest in establishing a company in Uzbekistan and organizing the export of IT services. The implementation of these plans is being considered for the near future; however, the specific timeline for launching the business, the investment amount, and the specialization of the future division have not yet been disclosed.