Digital transformation is one of the key drivers of Uzbekistan’s economy. Over the past few years, the country has evolved from local initiatives to building a full-fledged IT ecosystem focused on exports, startup culture, and international partnerships.
📊 According to IT Park, in 2023, residents exported over $340 million worth of IT services — 2.4 times more than in 2022 ($140 million). This trend continued into 2024, with growing international demand for business process outsourcing (BPO), fintech solutions, and SaaS platforms.
Today, IT sector development is no longer just a trend — it’s part of a national strategy aimed at export growth, technological independence, and building a digital economy.
📌 BPO
Business process outsourcing remains one of the most dynamic export directions in IT. In 2023, IT Park residents exported $344 million in services, with 20% ($69 million) coming from BPO services.
📌 Startups
A venture ecosystem is taking shape — accelerators, grants, and government support are strengthening the position of startups in EdTech, MedTech, and GovTech aimed at international markets. From 2022 to 2023, local startups attracted $7.1 million in venture capital.
📌 Fintech
The fintech market continues to show steady growth. The rise of e-commerce and digital banking is driving demand for local solutions and attracting foreign investor interest. Of the $7.1 million invested in startups, 61% went to fintech companies.
AUIC’s Perspective
For us, the development of the IT sector is a strategic priority. The Azerbaijan-Uzbek Investment Company views the digital economy as a foundation for sustainable and scalable growth. We invest in projects that:
✔️ have export potential
✔️ build technological infrastructure
✔️ strengthen regional integration through digital solutions
We are open to partnerships with tech companies, BPO platforms, and startups seeking not just capital — but a reliable and strategic partner.
