513 million dollars in IT exports over five years were secured for Kazakhstan by participants of Astana Hub
Author - Mansur Ismagulov
The Tech AI
Get the key points in seconds - a short summary from The Tech AI.
Since 2018, Astana Hub has become the largest innovation hub in Central Asia. The revenue of IT companies amounted to $1.6 billion, $517 million in investments were attracted, and more than 20,000 jobs were created. 1,331 companies are registered, including 372 with foreign participation, which receive tax, visa, and infrastructure benefits.
Since its official launch in 2018, the international technology park Astana Hub has become the largest innovation hub in Central Asia. Over this period, the combined revenue of IT companies that became participants in the technology park amounted to $1,600,000,000. The volume of attracted investments reached $517,000,000, and the number of created jobs exceeded 20,000.
Today, 1,331 IT companies are registered in the technology park, including 372 with foreign participation. They receive comprehensive support, including business development and scaling programs, special tax and visa conditions, informational and educational support, and material infrastructure.
The Tech on Telegram Follow The Tech on Telegram
Keep up with the latest technology and startup news.