Binghalib Group plans to relocate its business to Uzbekistan

The IT Park Uzbekistan delegation met with Mohammed Binghalib, the CEO of Binghalib Group, to discuss plans for opening an office and partially relocating the business to Uzbekistan.

Binghalib Group plans to create more than 2,000 jobs in Uzbekistan within three to five years, opening new prospects for the development of the national IT sector and strengthening the country's export potential.

Uzbekistan offers unique conditions for foreign investors. Support programs for technology park residents, simplified procedures for startups, and flexible business conditions make the country stand out favorably among other regional markets. Government initiatives and the infrastructure of IT Park Uzbekistan enable faster financial transactions and simplify operations for international companies.

The partnership with Binghalib Group highlights the success of measures adopted in Uzbekistan to create a global IT hub. The company's planned relocation will be an important step in strengthening economic ties with MENA markets, increasing the number of jobs, and stimulating technological development in the country.

Source: IT Park Uzbekistan