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Uzbekistan advances tech ambitions with 2nd phase of IT Park in Tashkent

GenevaTimes by GenevaTimes
October 21, 2025
in Europe
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Uzbekistan advances tech ambitions with 2nd phase of IT Park in Tashkent
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Uzbekistan advances tech ambitions with 2nd phase of IT Park in Tashkent

TASHKENT, Uzbekistan, October 21. President of
Uzbekistan Shavkat Mirziyoyev visited the IT Park in the
Mirzo-Ulugbek district of the capital and took part in the
groundbreaking ceremony for the second phase of the project,
Trend reports.

Two years ago, under the first phase funded with $200 million in
investments, six office buildings of 20–25 floors each and a modern
congress hall were constructed on an area of approximately 4
hectares.

Currently, the IT Park hosts 3,200 resident companies, employing
over 14,000 specialists. Last year, the total services provided by
the residents reached $1.6 billion, and by the end of this year,
this figure is expected to exceed $2.5 billion. For the first time,
the export of services is projected to surpass $1 billion.

According to the Uzbekistan 2030 Strategy, over 300,000 young
people are expected to gain high-paying jobs in the IT sector.
International experts estimate Uzbekistan’s potential in artificial
intelligence alone at $10 billion.

“I am confident that this major initiative, which we launch
today, will make a significant contribution to achieving our
ambitious goals and further strengthening mutually beneficial
cooperation between Uzbekistan and foreign investors,” the
President said.




Under the project, the IT Park’s area will expand 1.5 times. In
partnership with the Saudi company Data Volt, a 12-megawatt data
center worth $150 million will be built. In subsequent phases, an
additional $3 billion in investments is planned, increasing the
total capacity to 500 megawatts.

Moreover, six new buildings will be constructed, including the
Artificial Intelligence Center, the Space and Future Technologies
Center, two 20-story office buildings, as well as a service and
commercial center.

The complex is set to become a modern “Artificial Intelligence
Hub”, built on advanced technologies, innovation, and
knowledge.

President Shavkat Mirziyoyev laid a capsule at the foundation of
the second phase of the IT Park project, officially marking the
start of construction.

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