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Technologies 14/02/2025 Uzbekistan showcases business expansion opportunities in the CIS and Central Asia to Oracle

Uzbekistan showcases business expansion opportunities in the CIS and Central Asia to Oracle

Tashkent, Uzbekistan (UzDaily.com) — A delegation from Uzbekistan’s Ministry of Digital Technologies, led by Minister Sherzod Shermatov, met with senior executives from Oracle Corporation, including Executive Vice President Simon de Montfort Walker and Senior Vice President Cherian Varghese.

The discussions focused on expanding Oracle’s footprint in Central Asia and the Commonwealth of Independent States (CIS) through Uzbekistan, as well as exploring potential collaboration in cloud technologies.

During the meeting, the Uzbek delegation highlighted the country’s key advantages for technology companies, emphasizing its favorable business environment, strong government support for the IT sector, advanced digital infrastructure, and a highly skilled workforce. Particular attention was given to the development of talent in data engineering and cloud technologies, with officials underscoring Uzbekistan’s growing pool of qualified specialists. Additionally, the high level of foreign language proficiency among IT professionals was noted as a competitive advantage, making the country an attractive destination for international tech firms.

Oracle executives expressed strong interest in the Uzbek market, particularly in areas related to cloud infrastructure and applications. Potential cooperation with Oracle would not only strengthen Uzbekistan’s position as a regional IT hub but also accelerate the adoption of advanced digital solutions. Such initiatives would contribute to the development of the digital economy, create high-value jobs, and enhance the country’s global competitiveness in the technology sector.

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