Export volume of IT Park residents increased by 4,4 times

Tashkent, Uzbekistan (UzDaily.com) -- According to the results of the first half of 2022, the number of IT Park residents providing services in the foreign market amounted to 203 (for comparison: an increase over the same period is 2.7 times).

Export volume of IT Park residents also increased compared to the previous same period – by 4.4 times and amounted to US$53.2 million. At the same time, 88% of residents’ exports come from the United States, the rest to the UK, Germany, the CIS and the UAE. By the end of 2022, exports are expected to reach US$100 million.

Positive dynamics is also observed in the volume of services rendered – 2.3 trillion soums (for comparison: an increase with the same period – 2.3 times).

In the first half of this year, the number of IT Park residents amounted to 747 companies, which is 155% more than the same period last year.

It is noteworthy that out of 747 companies:

589 residents are located in Tashkent city;

157 residents are registered in the regions;

134 companies were established in the first half of this year;

94 companies provide educational services in the field of IT;

107 are foreign companies.

In terms of activities, the companies were distributed as follows:

software development;

data processing;

automation of business processes;

IT training, as well as information technology export.

It should be noted that in the first half of the year, 249 companies received the status of IT Park resident, thus, the growth rate, compared with the corresponding period, amounted to more than 300%.

At the same time, 74 companies were deprived of their resident status, and 110 companies were denied the status.

In addition, thanks to the benefits provided, IT Park residents create additional jobs and increase the number of IT-specialists in the country. So, at the end of the 2nd quarter of the current year, 12,500 people were employed in the companies of residents. This increased the number of additional jobs by 167% compared to the same period.