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    IT Park Uzbekistan Explores New Partnerships and Opportunities at Singapore Fintech Festival

    The IT Park delegation made significant strides during the Singapore Fintech Festival, engaging in a series of productive meetings that showcased Uzbekistan's growing appeal as a hub for innovation and investment. These strategic discussions with global leaders and tech companies highlighted collaborative opportunities to support the burgeoning startup ecosystem in Uzbekistan.

     

    Meeting with Hian Goh, Founding Partner of Openspace Ventures

     

    The IT Park delegation met with Hian Goh, the founding partner of Openspace Ventures, a leading venture capital firm known for investing in technology and digital platforms. With 25 years of experience in venture capital and the startup ecosystem, Hian provided valuable insights and expressed a strong interest in visiting Uzbekistan during upcoming events. He also offered to support IT Park in developing the Uzbek startup ecosystem further and connecting it with key players in Singapore's vibrant tech network. Both parties agreed to explore potential collaborative initiatives that could foster growth and innovation.

     

     

    Openspace Ventures specializes in early-stage investments and scaling high-potential startups, particularly in the technology sector.

     

    Engagement with 3Si Pte Ltd on Digital Transformation

     

    During the festival, the IT Park delegation engaged in an in-depth discussion with 3Si Pte Ltd, a company recognized for implementing advanced digitalization and safety solutions across six countries. 3Si presented a tailored digital transformation program designed for the Uzbekistan government and local enterprises. The meeting concluded with both parties agreeing to stay in contact and plan follow-up discussions.

     

     

    3Si Pte Ltd is known for its expertise in safety, security, and digital transformation solutions, enhancing operational efficiency and digital innovation.

     

    Discussion with Mr. Rudy Fang, Sales Director of Digital Business

     

    A meeting with Mr. Rudy Fang, Sales Director of Digital Business, revealed his plans to establish an IT company under the auspices of IT Park in Uzbekistan. The proposed company will focus on innovative IT solutions for local and international markets.

     

     

    Additionally, Mr. Fang plans to invite partners from the ASEAN region to join his efforts in Uzbekistan and expressed interest in acting as an agent for IT Park in Southeast Asia. His extensive network and experience are expected to be instrumental in attracting talent and investment. Mr. Fang's visit to Uzbekistan is scheduled for January 2025, during which he will meet with senior IT Park managers to discuss potential partnerships and strategic initiatives.

     

    Discussion with Alexander S., Head of LIBERNETIX in Latvia

     

    The delegation also met with Alexander S., the head of LIBERNETIX, a prominent money transaction company in Latvia. The conversation centered on establishing a business presence in Uzbekistan, which aligns with LIBERNETIX’s strategic goal of expanding into emerging markets.

     

     

    Both sides acknowledged the potential for collaboration. This partnership would involve technology sharing, joint ventures, and leveraging local expertise to navigate regulatory requirements.

     

    LIBERNETIX specializes in secure and efficient money transaction solutions, aiming to expand its services into new markets with high growth potential.

     

     

    Meeting with Mr. Rajan S. Narayan, Head of Cyberbeat

     

    The IT Park delegation had a productive meeting with Mr. Rajan S. Narayan, Head of Cyberbeat, a leading money transaction company. Mr. Narayan expressed interest in expanding Cyberbeat’s operations into Uzbekistan as part of its strategy to reach CIS and European markets. The discussion highlighted IT Park’s tax exemption policy, which Mr. Narayan found highly appealing. He plans to visit Uzbekistan in January 2025 to discuss these opportunities in greater detail and solidify potential partnerships.

     

    Cyberbeat is a provider of money transaction services, focusing on innovative financial solutions and strategic market expansion.

     

    This comprehensive engagement at the Singapore Fintech Festival underscores IT Park Uzbekistan's commitment to fostering global partnerships and solidifying its position as a regional tech leader. The discussions held during the festival are expected to open new avenues for collaboration, investment, and technological growth, benefiting both Uzbekistan’s economy and its burgeoning startup ecosystem.


     

    Latest news

    28 August 2026

    28 August 2026

    27 August 2026

    26 August 2026

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    26 July 2025

    GBSF 2025 outcomes: Uzbekistan strengthens its status as an IT hub

    Tashkent hosted the Global Business Services Forum 2025 (GBSF 2025), one of the most prominent events of the year in the field of IT outsourcing and digital services. Organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies, the event convened approximately 450 participants representing 260 companies, including 237 international companies from 40 countries. Among the attendees were representatives of multinational corporations, startups, government agencies, and venture capital funds.

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    17 December 2025

    Why the world is ready to work with Uzbek engineers: the case of Truss and the Zero Risk program

    Truss is one of the companies that clearly demonstrates how strong engineering teams from Uzbekistan can influence the global technology market. Today, it stands among the fastest-growing member companies of IT Park Uzbekistan, working with U.S. and European clients and building infrastructure for international hiring through the Employer of Record model. Truss co-founder Kadir Fuzaylov shared with IT Park how the company transformed the region’s potential into a competitive advantage and why Uzbekistan has become a key point of growth in their global strategy.

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    16 July 2025

    IT Park Uzbekistan and Berlitz strengthen cooperation in talent development

    IT Park Uzbekistan hosted a follow-up meeting between Makhliyo Muksinova, Services Export Development Director at IT Park, and Mr. Wilson Go, President of Berlitz Philippines. The meeting served as a continuation of the dialogue initiated by Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan, and Fortuna Joy de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan.

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    10 July 2025

    IT Park Uzbekistan strengthens cooperation with member companies and supports business scaling

    Representatives of IT Park Uzbekistan held a series of working meetings with member companies — E-LINE PRESS, LEGALMAX CENTRAL ASIA, FINANCIAL CHAIN CORPORATION, and IONE — during which the prospects for further business development, the implementation of new projects, and projected volumes of export services were thoroughly discussed.

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    28 August 2026

    IT Park Uzbekistan and 500 Global Discuss the Development of Uzbekistan’s Startup Ecosystem

    Minister of Digital Technologies Sherzod Shermatov and CEO of IT Park Uzbekistan Azamat Karamatov held a meeting with 500 Global Managing Partner Pedro Santos Vieira. The parties discussed the further development of Uzbekistan’s startup ecosystem, increasing the volume of venture capital investment, helping local startups enter international markets, as well as coordinating ongoing initiatives in this area.

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    28 August 2026

    Uzbek Teams Participate in International Competitive Programming Training Camp in Baku

    Uzbekistan was represented by four teams at the 3rd International Training Camp in Competitive Programming, which took place in Baku from August 20 to 27, 2026.

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    27 August 2026

    IT Park and Inha University in Tashkent Discuss Talent Development for the IT Industry

    IT Park Uzbekistan, in cooperation with Inha University in Tashkent, held a meeting with IT Park members focused on developing talent potential, improving specialist training, and strengthening cooperation between the education sector and IT businesses.

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    26 August 2026

    Heads of IT Park Regional Branches and Their Deputies Complete Professional Development Course at the Presidential Academy

    Last week, heads of IT Park Uzbekistan’s regional branches completed the “Modern Management” professional development course at the Academy of Public Policy and Administration under the President of the Republic of Uzbekistan.

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    26 August 2026

    Uzbekistan and Pakistan Expand Cooperation in the IT Sector

    Minister of Digital Technologies Sherzod Shermatov held a meeting with Pakistan’s State Minister for IT and Telecommunications Bilal bin Saqib. The sides discussed the development of cooperation in IT, artificial intelligence, IT services exports, startups, and investment.

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    24 August 2026

    IT Park Uzbekistan and AWS to Integrate AWS Academy Programs at 10 Universities

    Uzbekistan's students and educators gain free access to world-class AI, machine learning, and cloud skills training through AWS Academy, supporting the "Digital Uzbekistan 2030" national strategy and IT Park's mission to create 300,000 technology jobs.

    IT Park Uzbekistan and 500 Global Discuss the Development of Uzbekistan’s Startup Ecosystem

    Uzbek Teams Participate in International Competitive Programming Training Camp in Baku

    IT Park and Inha University in Tashkent Discuss Talent Development for the IT Industry

    Heads of IT Park Regional Branches and Their Deputies Complete Professional Development Course at the Presidential Academy

    View all