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Over 50 legal entities become residents of Uzbekistan’s Innovation Center

Uzbekistan Materials 30 October 2017 10:49 (UTC +04:00)
Fifty-three more legal entities became residents of the Mirzo Ulugbek Innovation Center, established in Uzbekistan.

Tashkent, Uzbekistan, Oct. 30

By Diana Aliyeva – Trend:

Fifty-three more legal entities became residents of the Mirzo Ulugbek Innovation Center, established in Uzbekistan.

As of October 27, 2017, the total number of residents of the Mirzo Ulugbek Innovation Center has reached 81.

The registered residents will receive preferences till January 1, 2028 upon the decree of the president of the Republic of Uzbekistan UP-5099 "About measures for radical improvement of the conditions for development of industry of information technologies in the republic" dated June 30, 2017.

In particular, residents are exempt from taxes and mandatory payments till January 1, 2028.

“IT companies of Uzbekistan express a great interest in the Innovation Center,” Khurshid Sultanov, director of the Mirzo Ulugbek Innovation Center, said.

“We are considering the applications of other companies and I think that more than 100 legal entities will join the Innovation Center soon."

“Our main goal is to develop Uzbekistan’s IT industry and increase the share of this sector in the country's GDP,” he said. “I encourage our residents to actively develop their activity and bring new services and products to the market."

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