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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

    03 November 2026

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    29 October 2026

    28 October 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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    03 November 2026

    Central Asia’s AI Readiness Study Presented at Columbia University in the United States

    Columbia University in the United States hosted a discussion titled “The Next AI Frontier: Central Asia and the Caucasus in the Global Technology Shift,” featuring the findings of a study conducted by the MIT Kuo Sharper Center.

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    02 November 2026

    Uzbekistan as an Emerging GameDev Business Hub: IT Park Uzbekistan at an International Event in Moscow

    Representatives of IT Park Uzbekistan participated in the 2nd Moscow International Video Game Week, discussing cooperation between technology hubs, the international expansion of gaming companies, and investment opportunities in the GameDev industry.

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    29 October 2026

    Georgian Delegation Explores Uzbekistan’s Investment Opportunities and IT Park Uzbekistan’s Technology Ecosystem

    On October 29, 2026, representatives of leading Georgian companies visited IT Park Uzbekistan as part of a business mission to Uzbekistan. The visit focused on the development of the country’s IT ecosystem, conditions for operating in the technology sector, and investment opportunities.

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    28 October 2026

    Participants of the “Young Leaders of Central Asia + Azerbaijan” Regional Program Visit IT Park Uzbekistan

    As part of the “Young Leaders of Central Asia + Azerbaijan” regional program, participants visited IT Park Uzbekistan to learn about the development of Uzbekistan’s IT industry and digital economy.

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    27 October 2026

    Digital Services Exports and International Cooperation: IT Park Uzbekistan at the Uzbekistan–Austria Business Forum

    On October 27, IT Park Uzbekistan participated in the Uzbekistan–Austria Business Forum, which brought together representatives of government institutions, investment organizations, and international companies. One of the key areas of the business agenda was strengthening technological cooperation, including attracting foreign IT companies, expanding digital services exports, and establishing new business partnerships between the two countries.

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    27 October 2026

    ISsoft Solutions Explores Entry into Uzbekistan’s Market and Opportunities for International Expansion

    On October 26, an IT Park Uzbekistan delegation led by Director of Export Development Jahongir Kagirov held a meeting with Aleksandr Drobyshevskiy, Deputy General Director for Innovation at ISsoft Solutions. The discussions focused on the company’s potential entry into the Uzbek market, the establishment of a legal presence in the country, and the identification of an optimal model for organizing cross-border operations.

    Central Asia’s AI Readiness Study Presented at Columbia University in the United States

    Uzbekistan as an Emerging GameDev Business Hub: IT Park Uzbekistan at an International Event in Moscow

    Georgian Delegation Explores Uzbekistan’s Investment Opportunities and IT Park Uzbekistan’s Technology Ecosystem

    Participants of the “Young Leaders of Central Asia + Azerbaijan” Regional Program Visit IT Park Uzbekistan

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