TASHKENT, Uzbekistan, June 10. This year alone, IT exports from Uzbekistan are expected to reach $1 billion, with strong potential to increase this figure fivefold by 2030, said President Shavkat Mirziyoyev during the IV Tashkent International Investment Forum, Trend reports.
Uzbekistan’s achievements in digital technology have gained
international recognition. Over the past year, the country has
climbed 17 positions in the International AI Readiness Index.
'' Looking ahead, the government plans to launch the Cloud
Technologies National Platform next year. Over the next five years,
in collaboration with private investors, Uzbekistan will build 20
data centers with a combined capacity exceeding 500 megawatts.
We are also developing a national artificial intelligence model
that reflects our rich history, cultural values, and innovative
ideas,” the President added.
He stressed that to support the effectiveness of this system, we
have launched the One Million AI Leaders project. I am confident
that together, we will transform Uzbekistan into a prestigious IT
and Fintech hub.
The financial sector is also undergoing significant transformation
amid rapid technological change.
“For the first time, we conducted a comprehensive assessment of
Uzbekistan’s financial sector in cooperation with the International
Monetary Fund and the World Bank. They fully support our reforms in
banking, finance, insurance, and the capital market, " said
Mirziyoyev.
To further enhance financial stability and innovation, the
government will establish a Financial Stability Council, as well as
cybersecurity and fintech platforms under the Central Bank.
Significant reforms are also underway in the insurance sector,
including the establishment of a National Reinsurance Company and a
Global Digital Reinsurance Platform. Uzbekistan is seeing rapid
growth in venture capital as an alternative source of funding for
startups. Last year, two local startups surpassed the $1 billion
valuation mark.
“We are committed to increasing the number of such successful
companies. To support this, we have developed a draft law on
Alternative Investment Funds, aiming to boost venture and
alternative investments to $1 billion within the next five years,”
the President stressed
These initiatives reflect Uzbekistan’s strong commitment to
becoming a regional leader in digital innovation and financial
modernization.