President Shavkat Mirziyoyev reviewed a presentation on the development of the startup ecosystem and improvement of the business environment in the telecommunications sector.

The presentation covered plans to develop IT services exports and the startup ecosystem. By 2030, the goal is to increase IT services exports to $5 billion, create 5,000 active startups, and attract $2 billion in investments.

It was highlighted that Uzbekistan rose 31 positions in the international StartupBlink ranking and was recognized as the fastest-growing startup ecosystem in the world. Tashkent ranked first among Central Asian cities, while Samarkand and Fergana entered the global TOP-1000 startup cities for the first time.

To further develop the sector, the Talent Hub program is planned to be launched, allowing foreign specialists and investors to remotely register a business, open a bank account, and obtain an international bank card.

Additionally, it was proposed to extend tax benefits for employees of IT-Park resident companies until 2040, as well as expand the IT Visa and Zero Risk programs.

Support mechanisms for IT services exporting enterprises are also envisaged, including partial reimbursement of salary expenses and costs related to the relocation of foreign clients and specialists, as well as compensation for the cost of obtaining international certification.

Source: uznews.uz