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    Uzbekistan and Serbia plan to establish a joint IT enterprise and venture fund

    On October 29, the President of the Republic of Serbia, Aleksandar Vučić, visited IT Park Uzbekistan, where he was introduced to the organization’s activities, key focus areas, and achievements in the field of digital transformation.


    The Serbian delegation received a comprehensive presentation on the digital reforms being implemented by IT Park Uzbekistan, its strategic priorities, and future plans. Guests were shown projects developed by IT Park member companies, including solutions in artificial intelligence, digital technologies, and innovative products. The delegation also observed the work of IT specialists and became acquainted with their ideas and initiatives.



    The innovative products of IT Park members — UniconSoft, Didox (Venkon), and Kpi.com — drew particular interest from the delegation due to their technological sophistication and scalability potential in international markets. These companies presented solutions in digitalization, business process automation, and data management, focused on export and integration in global markets.


    Significant attention was also given to the developments of the UzSpace Agency, which demonstrated cutting-edge technologies for remote sensing and spatial data processing, underscoring the rapid growth of Uzbekistan’s space and geodata sectors.


    Among the initiatives presented were projects by UZINFOCOM, including Palm ID, the Uzinfocom ecosystem, HRM.argos.uz, uGaz, and DMed. These solutions are aimed at enhancing public administration efficiency, digitalizing the healthcare sector, and optimizing citizen services. The Serbian delegation noted the technological advancement, practical relevance, and international scalability potential of these projects.



    The members of the Serbian delegation highly commended the modern infrastructure and favorable working conditions established at IT Park Uzbekistan, noting that such centers play a pivotal role in engaging youth in international projects and fostering innovation. President Aleksandar Vučić highlighted the significance of these initiatives for advancing innovation and strengthening cooperation between the two nations.


    As part of the visit, a meeting was held between representatives of IT Park Uzbekistan, UZINFOCOM, and the Serbian delegation to discuss prospects for collaboration in the digital technology sector. During the negotiations, the parties agreed to establish a joint IT enterprise in Serbia for the implementation of technological projects, including the launch of the Palm ID system, and to explore the creation of a joint venture fund to support startups from both countries.


    The discussions also covered potential collaboration in IT outsourcing, Knowledge Process Outsourcing (KPO) for international market expansion, as well as the development of joint educational and acceleration programs, and support for technology startups through partnerships with international accelerators and venture funds. Special attention was given to knowledge exchange, innovation infrastructure development, and the creation of conditions to enhance the global competitiveness of IT companies in both Uzbekistan and Serbia.



    The Uzbek side expressed its readiness to invest in the establishment of server infrastructure and to engage engineers for maintaining the Palm ID system in Serbia. In turn, the Serbian side confirmed its commitment to facilitating the implementation and promotion of these technologies within its domestic market, with a view toward scaling them across the European Union.


    Additionally, the parties discussed the launch of a joint venture program valued at $1 million, which will fund Uzbek startups entering the European market and Serbian projects seeking expansion into Central Asia.


    The partnership between IT Park Uzbekistan and Serbian organizations will create new opportunities for the joint implementation of projects in artificial intelligence, digital transformation, and innovation, while also strengthening the export potential of Uzbek IT companies and promoting national digital solutions across the European market.

    Latest news

    29 October 2025

    Next-generation AI-powered data center to be built in Karakalpakstan

    20 October 2025

    The role of IT Park in supporting foreign entrepreneurs in Uzbekistan

    17 October 2025

    Uzbekistan showcased its growing IT potential at GITEX GLOBAL 2025

    16 October 2025

    IT Park and the Korea ICT Entrepreneurs Association discussed prospects for enhanced cooperation

    View all
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    26 July 2025

    GBSF 2025 outcomes: Uzbekistan strengthens its status as an IT hub

    Tashkent hosted the Global Business Services Forum 2025 (GBSF 2025), one of the most prominent events of the year in the field of IT outsourcing and digital services. Organized by IT Park Uzbekistan with the support of the Ministry of Digital Technologies, the event convened approximately 450 participants representing 260 companies, including 237 international companies from 40 countries. Among the attendees were representatives of multinational corporations, startups, government agencies, and venture capital funds.

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    16 July 2025

    IT Park Uzbekistan and Berlitz strengthen cooperation in talent development

    IT Park Uzbekistan hosted a follow-up meeting between Makhliyo Muksinova, Services Export Development Director at IT Park, and Mr. Wilson Go, President of Berlitz Philippines. The meeting served as a continuation of the dialogue initiated by Abdulakhad Kuchkarov, CEO of IT Park Uzbekistan, and Fortuna Joy de Lara, CEO of Berlitz Philippines and Berlitz Uzbekistan.

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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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    30 October 2025

    Uzbekistan and Serbia plan to establish a joint IT enterprise and venture fund

    On October 29, the President of the Republic of Serbia, Aleksandar Vučić, visited IT Park Uzbekistan, where he was introduced to the organization’s activities, key focus areas, and achievements in the field of digital transformation.

    eventImage
    29 October 2025

    Next-generation AI-powered data center to be built in Karakalpakstan

    A modern data center powered by renewable energy sources and equipped with advanced artificial intelligence technologies is set to be established in the Republic of Karakalpakstan.

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    20 October 2025

    The role of IT Park in supporting foreign entrepreneurs in Uzbekistan

    Tawney Kruger, a media expert at Financial IT and tech entrepreneur behind ventures including PraaktisGO, Zaytra.ai, and kpi.com, shared insights on Uzbekistan’s IT Park. In her piece, she highlights how the national platform supports international founders with streamlined registration, tax incentives, export support, talent pipelines, and regional infrastructure — making it easier for startups and established tech companies to grow in Central Asia. She aims to provide practical guidance on everything from navigating legal frameworks to scaling regionally and accessing skilled talent.

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    17 October 2025

    Uzbekistan showcased its growing IT potential at GITEX GLOBAL 2025

    The delegation of IT Park Uzbekistan, led by CEO Abdulakhad Kuchkarov, took part in GITEX GLOBAL 2025 — one of the world’s largest platforms for technology and innovation. Alongside participation in the exhibition, IT Park representatives held a series of strategic meetings with international IT companies, accelerators, and venture funds.

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    16 October 2025

    IT Park and the Korea ICT Entrepreneurs Association discussed prospects for enhanced cooperation

    Representatives of IT Park Uzbekistan, led by Elyor Maksudov, Startup and Investment Development Director, held a meeting with a delegation from the Korea ICT Entrepreneurs Association headed by Lee Seong Hwan, Chairman of the Association, and Kim Chang Keon, Chairman of the Korea–Uzbekistan Business Association. The parties reached an agreement to develop areas of cooperation, including the organization of joint seminars and expert sessions, partner matchmaking among association members, and support for business missions and pilot projects between companies of the two countries.

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    16 October 2025

    IT Park Uzbekistan and KDB Bank Uzbekistan discussed the participation of member companies in the bank’s technological modernization

    Representatives of IT Park Uzbekistan, led by Makhliyo Muksinova, Services Export Development Director, held a meeting with a delegation from KDB Bank Uzbekistan headed by HaCheon Chang, Director of the Information Technology Department. The delegation also included Doston Fayziev, Head of the Digital Banking Department, and Anora Fayzullaeva, Chief Specialist of the Digital Services Department. Following the discussions, the parties agreed to explore the participation of IT Park members in projects aimed at modernizing the bank’s IT infrastructure within the framework of the New Generation Project (NGP) and to continue the exchange of information on subsequent steps of collaboration.

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    16 October 2025

    IT Park and Fujifilm System Services strengthen partnership

    Representatives of IT Park Uzbekistan, led by Elyor Maksudov, Startup and Investment Development Director, held a meeting with a delegation from Fujifilm System Services Corp., headed by Amane Inoue, Chairman of the Board. Following the discussions, the parties agreed to develop a roadmap for pilot projects in the fields of system development and EdTech, as well as to establish joint working groups in cooperation with Japan Digital University in Tashkent.