3.5 times more IT Park residents in Q1

3.5 times more new residents appeared in the technology park compared to the same period in 2021.
IT Park counted 1,588 companies in April. According to the technopark press service, 65 new residents have appeared since the beginning of the year.
80 companies became residents in January-March – three times more compared to the same period of last year. 23 out of these companies were established at the beginning of the year, 14 firms lost their status. The technopark rejected 43 companies.
The majority of the companies of the IT Park residents (479) work in the capital, but IT companies in the regions become more numerous– 109 (growth up by 18.5%).
Services worth 814 billion soums, were provided by IT Park residents during the reported period (increased by 186%, or almost three times). Software development, data processing, business process automation and training were the main spheres.
The export of services engages 121 technopark resident companies.
$17.3 million were earned by exporters in the first quarter (increase by 3.5 times compared to 2021). By the end of the year, this amount should attain $100 million.
The USA holds the most significant part in the geographical structure of exports, which increased to 85.2%. The UK, the UAE, South Korea and the CIS countries share the rest.
The task to increase digital exports to $1 billion was set by the head of the Ministry of Information Technologies and Communications Sherzod Shermatov at the end of 2021. Simplified visa issuance for IT specialists and technology investors was one of the measures he recommended.
The TashRush program was created to implement the minister’s instruction practically and to attract foreign IT workers. Anther measure was the introduction of special visas and simplified employment for them.
The move of IT companies, working with foreign clients, from Russia and Belarus to the country began. About 1,000 workers from Russia and Belarus were moved here by EPAM.

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