Russian investments in Uzbekistan's IT sector triple over two years
Russian direct investments in Uzbekistan's IT sector have tripled over two years, reaching $320 million. The number of Russian IT companies with representative offices in the country has reached 47.
Kirill Petrov, CEO of the National Institute for Strategic Analysis and Economic Development, identified digitalization of industry and the introduction of artificial intelligence as promising areas of cooperation between Russia and Uzbekistan.
According to Petrov, by the end of 2025, the volume of trade in digital solutions and artificial intelligence technologies reached $210 million, increasing by 64% over the year. He linked the growing demand for such developments to the development of the republic's industry.
As an example, the expert cited the Almalyk Mining and Metallurgical Complex. Its Digital Management Center operates an artificial intelligence-based system that monitors processes at three copper concentration plants and analyzes data from more than 20,000 units of equipment. As part of the "Digital AMMC – 2030" strategy, digitalization projects are being implemented, including the "Digital Mine" system, which independently plots optimal excavation routes.
Petrov believes that Russian engineers can offer Uzbek enterprises and the energy sector their own technological developments. In his estimation, Uzbekistan plans to invest over $4 billion in the development of the energy complex over the next five years. The expert sees this as an additional opportunity for cooperation in digitalization and the application of AI.
Russia remains Uzbekistan's second-largest trading partner, accounting for 16.6% of the republic's foreign trade turnover. Technological interaction is developing alongside joint production, logistics projects, and traditional trade.
