IT Park Uzbekistan is expanding cooperation with Egypt in the field of IT and innovations.

IT Park Uzbekistan visited Egypt, during which a series of meetings were held with representatives of government agencies, venture funds, technology companies, and industry organizations. The visit aimed to develop bilateral cooperation in the fields of information technology, innovation, startup ecosystem, and outsourcing, as well as to attract Egyptian companies and investments to Uzbekistan.

During the visit, representatives of IT Park Uzbekistan held a meeting with the Embassy of the Republic of Uzbekistan in Egypt. The parties discussed opportunities for expanding cooperation in the IT sector, measures to support Egyptian companies interested in entering the Uzbek market, as well as organizing business visits and establishing direct contacts between business representatives and government structures of both countries. The Embassy expressed its readiness to assist in promoting IT Park's opportunities and supporting joint initiatives.

A key focus of the program was negotiations with Egyptian venture funds. In particular, meetings were held with F6 Ventures and Algebra Ventures, during which the prospects for investing in startups, the participation of funds in IT Park Uzbekistan events, and opportunities for scaling technology projects and expanding startups into new markets, including Central Asia, were discussed. The Egyptian side expressed interest in studying the Uzbek startup ecosystem and the conditions offered by IT Park.

During the visit, meetings were also held with representatives of Egyptian technology companies considering entering the Uzbek market. V.Connct discussed opening an office in the country and using Uzbekistan as a regional platform for operations in Central Asia. Representatives of Main Telecom expressed interest in localizing their activities, participating in IT Park events, and attracting local IT specialists.

EgyRobo, a company operating in the field of robotics and automation, announced plans to open a back office in Uzbekistan and form engineering teams. EdVentures, a fund specializing in investments in educational technology, explored opportunities for its portfolio startups to enter the Uzbek market. Additionally, ACT International discussed the prospects of creating an export-oriented call center hub in Uzbekistan, leveraging local human resources.

A separate meeting was held with representatives of Plug and Play Egypt, an international platform connecting startups, investors, and corporations. The parties discussed potential formats for cooperation, the participation of startups in IT Park Uzbekistan programs and events, and the prospects for expanding projects into the Central Asian market.

During the visit, the IT Park delegation held negotiations with several Egyptian government and industry bodies. In particular, discussions took place with the Information Technology Industry Development Agency (ITIDA), where the parties exchanged experiences in developing the IT sector and considered opportunities for supporting companies entering new markets. A meeting was also held with the General Authority for Investment and Free Zones (GAFI), during which issues of investment cooperation and company support were addressed.

Furthermore, a dialogue took place with the Egyptian Ministry of Communications and Information Technology (MCIT). The parties discussed state support measures for the IT sector, prospects for intergovernmental cooperation, and the participation of ministry representatives in IT Park Uzbekistan events.

As a result of the visit, the parties confirmed their interest in further developing cooperation and agreed to continue work on specific areas. Expanding partnerships with Egypt is viewed by IT Park Uzbekistan as an important step in attracting foreign companies and investments, developing the startup ecosystem, and strengthening Uzbekistan's international position in the fields of information technology and innovation.

Source: IT Park Uzbekistan