Strong Leadership

Under the leadership of President Shavkat Mirziyoyev, Uzbekistan has undergone significant political and economic reforms aimed at modernizing the nation and fostering stability. These reforms have created a predictable and transparent business environment.

Steady Economic Growth

Uzbekistan's economy has experienced consistent growth in recent years. It is one of the fastest growing economies in Central Asia: Despite the COVID-19 pandemic, the country's GDP grew by 1.9% in 2020, with a subsequent strong recovery of 7.4% in 2021, and with 5.7% in 2022 according to the State Committee of the Republic of Uzbekistan on Statistics (SCS). This stable economic foundation provides a resilient platform for IT companies to thrive.

Investment-Friendly Policies

The government of Uzbekistan has actively pursued policies to attract foreign investment. These initiatives include simplified registration processes, tax incentives, and protection of intellectual property rights, making it an attractive destination for international businesses.

Improved Ease of Doing Business

Uzbekistan has made significant strides in the World Bank's Ease of Doing Business Index, advancing from 154th place in 2020 to 69th place in 2021. This improvement highlights the government's commitment to creating a favorable business environment.

Political Stability

Uzbekistan has maintained political stability, with a commitment to good governance and rule of law. The government's efforts to reduce bureaucracy and improve transparency contribute to the overall stability of the nation.

Secure Business Environment

Uzbekistan is recognized for its safety and security, creating a reassuring atmosphere for businesses and investors. Effective law enforcement and the friendly disposition of the local population ensure a secure environment for business operations.