Tashkent, Uzbekistan (UzDaily.com) -- On 24 June 2022, an event titled "Uzbekistan-USA: Logistics Technology & BPO Shared Opportunities" was held in Irvine, California, organized by the Ministry for the Development of Information Technologies and Communications of the Republic of Uzbekistan, IT Park Uzbekistan and LoadStop. 

The purpose of the event was to attract large orders in the field of business process outsourcing to Uzbekistan, establish cooperation and partnerships with existing BPO companies, as well as announce the opening of a new export BPO corporation in Uzbekistan.

The event was attended by more than 50 business process outsourcing entrepreneurs and government officials, led by Irving Mayor Farra Khan and Irvine Chamber of Commerce President Brian Star.

Minister of ICT Sherzod Shermatov presented the potential of the new outsourcing market in Uzbekistan, talking about the advantages available in the Republic, such as: legislation that meets international requirements, the availability of a large number of young talents, the necessary modern infrastructure, tax and customs benefits, the availability of education in the field of information technology and much more, which makes Uzbekistan the most attractive country for cooperation in the field of outsourcing.

It was also noted that IT Park resident RevoTech invested in a startup called LoadStop, which created an innovative transport management system valued at more than US$50 million and became its co-founder.

As part of the event, a solemn ceremony of signing an agreement between the Ministry for the Development of Information Technologies and Communications of the Republic of Uzbekistan and Access Capital Management Corp on mutual cooperation in the field of information technology and business process outsourcing, as well as the launch of a corporation that will create 1,100 jobs in within 3 years with the opening of legal entities in the USA and Uzbekistan. It was noted that on the scale of the new corporation, agreements were reached to expand the scope of business process outsourcing in such areas as insurance, factoring, QA (quality supervision), and multimedia.

After the signing of the agreement, B2B meetings were held with American companies, where they discussed the issues of obtaining the status of an IT Park resident and the preferences that residents can receive.

The participants of the B2B meetings also discussed the creation of an Association that will develop the business process outsourcing industry in Uzbekistan, as well as organizing events in Uzbekistan as part of ICT WEEK Uzbekistan 2022.