Revenue of Park of High Technologies residents reached $130.3 million in 2024
Author - Mansur Ismagulov
The Tech AI
Get the key points in seconds - a short summary from The Tech AI.
Chairman of the Cabinet of Ministers of the Kyrgyz Republic Adylbek Kasymaliev met with the director of the Park of High Technologies (PHT), Azis Abakirov, and residents to review the results of 2024. Over the year, the number of residents grew by 24.5% to 477, revenue increased by 46% to $130.3 million (94% — exports), and the number of jobs rose by 18% to 2,859. The Park paid the state social contributions in the amount of $1.2 million and income tax of $2.3 million, with a payroll fund of $43.4 million.
Adylbek Kasymaliev, Chairman of the Cabinet of Ministers of the Kyrgyz Republic, visited the High Technologies Park (HTP), where the results of its work for 2024 were summarized. Azis Abakirov, Director of the HTP, presented a report on the Park's achievements and its contribution to the development of the country's digital economy. The meeting was attended by residents and representatives of the IT community.
Main indicators of the HTP for 2024:
— number of residents — 477
— revenue — $130.3 million, 94% of which was export
— jobs created — 2,859.
Payments to the state for 2024:
— social contributions — $1.2 million
— income tax — $2.3 million
— payroll fund — $43.4 million.
Over the year, the number of residents increased by 24.5%, and revenue grew by 46%. The number of jobs continues to grow — in 2024, it increased by 18%.
Adylbek Kasymaliev, Chairman of the Cabinet of Ministers of the Kyrgyz Republic
Today we celebrate the achievements of the IT industry of Kyrgyzstan. The state is always ready to support the High Technologies Park, because digitalization and automation are an integral part of the modern economy. The world is developing rapidly, and Kyrgyzstan should not stand aside. Innovation and technological development are key areas that we pay special attention to.
Azis Abakirov, Director of the HTP
Despite low tax rates, the High Technologies Park brings significant revenue to the state and actively creates jobs. We continue to grow, and thanks to state support, from 2025 the HTP has received permanent status. Our country does not have oil and gas, but we have access to the global digital ocean, and we must use this potential to the fullest.
The Tech on Telegram Follow The Tech on Telegram
Keep up with the latest technology and startup news.