(MENAFN- Trend News Agency)
BAKU, Azerbaijan, October 10. Uzbekistan is
actively oriented towards the development of a digital economy, the
First Deputy Minister of Digital Technologies of Uzbekistan Olimjon
Umarov said during the“INMerge Innovation Summit” organized by
PASHA Holding for the fourth time, Trend reports.
He noted that the new Economy is a combination of digital
transformation, innovation, and knowledge, and its main focus is on
technological progress.
“The government of Uzbekistan attaches special importance to the
development of the IT sector, creative industry, and innovative
business, in particular, the startup ecosystem. The new economy is
being formed by introducing digitalization and innovation in
traditional sectors such as agriculture, industry, and information
technology, as well as creating a digital ecosystem including IT
services, e-commerce, and financial technologies. The core element
of this strategy is the development of human capital through
education and infrastructure that supports innovation and digital
development. In general, Uzbekistan is actively oriented towards
the development of a digital economy,” he said.
The deputy minister emphasized that to implement this strategy,
the government has created a strong ecosystem, including an IT
park, an innovation park, and acceleration centers.
“The investment amounted to $350 million last year and already
$500 million during the last nine months of this year. The goal is
to reach $5 billion. To achieve this, it is necessary to prepare
people with digital skills. Through a special educational platform,
about 1.3 million young people have already received IT
certificates, which helps to improve digital literacy. Uzbekistan
provides tax benefits for IT companies and outsourcing companies
and simplifies regulations,” he added.
The deputy minister noted that the reforms modernized the legal
framework for digital businesses and facilitated online
commerce.
To note, "INMerge Innovation Summit", organized by PASHA
Holding, aims to contribute to the development of the innovation
ecosystem in Azerbaijan by bringing together startups and
investors, providing opportunities for cooperation, as well as
creating a platform for the exchange of ideas and experience
between all participants of the innovation ecosystem.
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