BAKU, Azerbaijan, August 13. Uzbekistan and the Shanghai Cooperation Organization (SCO) Business Council discussed potential investments in Uzbek IT startups and opportunities to expand cooperation in digital infrastructure, data centers, and research and development.
This was reflected in the statement by IT Park Uzbekistan following a meeting between representatives of IT Park and an SCO Business Council delegation led by Deputy Director Yao Jiangtao, Executive Director of the MOX Project Participation Department Sun Qi, and Uzbekistan Project Coordinator Jiang Hao.
The sides discussed opportunities for investing in Uzbek technology startups and supporting their expansion into international markets. Particular attention was given to the development of digital infrastructure, data centers, and R&D capabilities.
SCO Business Council representatives expressed preliminary interest in investing in projects developed by Uzbek IT startups. The discussions covered potential solutions in electronic mapping and mobile mapping services, government information platforms, as well as transportation and healthcare information systems.
“The parties discussed potential investment in IT startups, digital infrastructure and technology projects in Uzbekistan,” the sides said following the meeting.
The participants also explored opportunities to implement integrated technology projects combining computing capacity, energy supply and operational infrastructure.
R&D was identified as another potential area of cooperation, with the sides discussing the development of new technological solutions and support for the international expansion and export of IT products and services developed by Uzbek startups.
The discussions come as Uzbekistan seeks to strengthen its technology ecosystem and attract international financing into high-growth digital businesses. Greater access to investment could help local startups scale their operations, develop new products and enter foreign markets.
Following the meeting, the SCO Business Council representatives were recommended to continue discussions on potential startup investment projects with Uzbekistan’s Ministry of Digital Technologies.
The cooperation could provide additional opportunities to attract international capital, strengthen Uzbekistan’s digital infrastructure and accelerate the global expansion of its technology companies.
