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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

    15 July 2025

    Korean company Novatech explores opportunities to establish a service center in Uzbekistan

    11 July 2025

    Audiotele and Telecontact: Fergana Emerging as a Hub for IT Employment Growth

    10 July 2025

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

    10 July 2025

    Instructions issued to ensure quality construction and expedite the development of the IT Park Fergana complex

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    15 July 2025

    Korean company Novatech explores opportunities to establish a service center in Uzbekistan

    Representatives of IT Park Uzbekistan, led by Jahongir Kagirov, Head of the Service Export Development Department, held a meeting with representatives of the South Korean company Novatech, headed by CEO Song Dong Seok. The discussions focused on the potential establishment of a service center in Uzbekistan, the recruitment of qualified personnel, and prospects for long-term cooperation.

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    11 July 2025

    Audiotele and Telecontact: Fergana Emerging as a Hub for IT Employment Growth

    The Minister of Digital Technologies and the CEO of IT Park got acquainted with the operations of IT Park member companies — Audiotele and Telecontact in Fergana.

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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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    10 July 2025

    Instructions issued to ensure quality construction and expedite the development of the IT Park Fergana complex

    Minister of Digital Technologies Sherzod Shermatov visited the construction site of the IT Park Farg‘ona complex, currently under development in the city of Fergana, Fergana Region.

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    09 July 2025

    A modern IT infrastructure is taking shape in Fergana: IT Park branch under construction in “Yangi Oʻzbekiston” residential area

    As part of his visit to Fergana Region, Minister of Digital Technologies Sherzod Shermatov reviewed the construction process of an IT Park branch in the city of Fergana, located within the “Yangi Oʻzbekiston” (Eco-City) residential area.

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    09 July 2025

    An “IT Town” has been inaugurated in Toshloq district of Fergana region

    In accordance with the Resolution of the President of the Republic Uzbekistan dated May 15, 2024, “On the organization of the activities of “IT Towns” aimed at creating additional conditions for training youth in digital technologies and foreign language in the regions”, it has been set to establish one “IT Town” in each region. The official opening ceremony of the “IT Town” complex in Toshloq district of Fergana region, took place. The ceremony was attended by the Minister of Digital Technologies, Sherzod Shermatov, and the Governor of Fergana region, Khayrullo Bozorov.

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    08 July 2025

    ITPU presents a new university concept

    The Open Day of IT Park University was held at the Ministry of Digital Technologies, attracting prospective students, their parents, and those interested in IT education and professional development. More than 100 guests had the opportunity to learn about the university’s academic programs, ask questions regarding admissions, studies, and career prospects, and engage directly with students and representatives from IT companies. The event also featured presentations on bachelor’s and master’s degree programs.

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    07 July 2025

    June Highlights: 58 new exporters and 29 foreign companies joined IT Park

    IT Park Uzbekistan continues to welcome new member companies and foster the development of the country’s export potential. In June 2025, dozens of new companies focused on foreign markets and international collaboration joined the ecosystem.

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    07 July 2025

    Uzbekistan and France strengthen partnership in outsourcing and startup development

    IT Park Uzbekistan hosted a meeting between Abdulakhad Kuchkarov, CEO of IT Park, and Aurelia Bouchez, Ambassador Extraordinary and Plenipotentiary of France to Uzbekistan. The parties discussed expanding cooperation with French companies and startup ecosystems.

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    07 July 2025

    Berlitz and IT Park discuss cooperation in language training for specialists

    IT Park Uzbekistan hosted a meeting between Abdulakhad Kuchkarov, CEO of IT Park, and Fortune Joy F. de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan. The meeting was also attended by Makhliyo Muksinova, Services Export Development Director at IT Park, along with other representatives from both organizations.