Key Takeaways
- • IT Park Uzbekistan delegation led by Minister of Digital Technologies Sherzod Shermatov and CEO Abdulakhad Kuchkarov engaged with over 70 international technology companies at MWC Shanghai 2025, which hosted 37,000 participants and 300+ exhibitors globally.
- • Multiple Chinese technology firms—including Shenzhen Newtion Technology, FRS, Newalink, and Foxit—identified Uzbekistan as a strategic gateway for market entry into CIS and European regions, with specific interest in establishing regional headquarters and outsourcing operations.
- • Foxit, a global leader in PDF solutions and digital transformation software, expressed formal interest in opening a regional office in Uzbekistan and participating in the Global Business Services Forum (GBSF) in Tashkent.
- • IT Park Ventures operates as a $10 million capital fund supporting early-stage tech startups in Uzbekistan with global expansion potential, complemented by cross-border venture capital cooperation agreements targeting startup investments and co-investment opportunities.
- • The partnership initiative aims to facilitate Uzbek startup market entry into China while simultaneously attracting Chinese tech companies to explore outsourcing and operational expansion within Uzbekistan's competitive tech ecosystem.
Summary
Uzbekistan's state technology authority formalized expanded venture and technological partnerships with Chinese firms during an official delegation visit centered on MWC Shanghai 2025, the region's premier digital technologies and artificial intelligence exhibition. The event convened over 37,000 participants and featured representation from more than 300 global exhibitors, providing a platform for IT Park Uzbekistan's strategic outreach.
The Uzbek delegation, led by Minister of Digital Technologies Sherzod Shermatov and IT Park CEO Abdulakhad Kuchkarov, conducted meetings with more than 70 international companies, positioning Uzbekistan as a competitive destination for outsourcing operations, regional headquarters establishment, and joint market initiatives targeting Central Asian and European markets. Key technology firms engaged in the discussions included FiRoam, Shenzhen Newtion Technology, FRS, FCTel, Newalink, King Base, AsiaInfo, and InfoQuick. Several companies expressed serious interest in evaluating Uzbekistan's incentive structures and market advantages. Shenzhen Newtion Technology specifically identified Uzbekistan as a strategic gateway to new markets, while FRS and Newalink indicated intentions to assess project launch and regional center establishment opportunities.
Foxit, a globally recognized provider of PDF solutions and digital transformation software, demonstrated particular interest during bilateral meetings with Vice President Zhang Long. The company signaled concrete plans to establish a regional office in Uzbekistan and commit to participation in the upcoming Global Business Services Forum in Tashkent, representing a tangible business expansion commitment.
The broader initiative functions as a two-way market access mechanism: supporting Uzbek technology startups seeking entry into Chinese markets while simultaneously encouraging Chinese technology companies to evaluate outsourcing and operational expansion opportunities within Uzbekistan's tech ecosystem. IT Park Ventures, operating as a dedicated $10 million capital fund for early-stage Uzbek startups with international growth potential, anchors this cooperation framework. Cross-border venture capital agreements establish infrastructure for startup investments, co-investment mechanisms, and international market expansion pathways, strengthening connections across Uzbekistan, China, and the Central Asian region.
The Uzbek delegation, led by Minister of Digital Technologies Sherzod Shermatov and IT Park CEO Abdulakhad Kuchkarov, conducted meetings with more than 70 international companies, positioning Uzbekistan as a competitive destination for outsourcing operations, regional headquarters establishment, and joint market initiatives targeting Central Asian and European markets. Key technology firms engaged in the discussions included FiRoam, Shenzhen Newtion Technology, FRS, FCTel, Newalink, King Base, AsiaInfo, and InfoQuick. Several companies expressed serious interest in evaluating Uzbekistan's incentive structures and market advantages. Shenzhen Newtion Technology specifically identified Uzbekistan as a strategic gateway to new markets, while FRS and Newalink indicated intentions to assess project launch and regional center establishment opportunities.
Foxit, a globally recognized provider of PDF solutions and digital transformation software, demonstrated particular interest during bilateral meetings with Vice President Zhang Long. The company signaled concrete plans to establish a regional office in Uzbekistan and commit to participation in the upcoming Global Business Services Forum in Tashkent, representing a tangible business expansion commitment.
The broader initiative functions as a two-way market access mechanism: supporting Uzbek technology startups seeking entry into Chinese markets while simultaneously encouraging Chinese technology companies to evaluate outsourcing and operational expansion opportunities within Uzbekistan's tech ecosystem. IT Park Ventures, operating as a dedicated $10 million capital fund for early-stage Uzbek startups with international growth potential, anchors this cooperation framework. Cross-border venture capital agreements establish infrastructure for startup investments, co-investment mechanisms, and international market expansion pathways, strengthening connections across Uzbekistan, China, and the Central Asian region.
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