Uzbekistan extends IT Park tax breaks to robotics makers at new $500M tech centre
What's the deal? Uzbekistan will grant companies in the planned Future Technologies Centre in Nurafshon the same incentives enjoyed by IT Park residents, President Shavkat Mirziyoyev announced on November 9. Imported materials and components for robots, electronics, and technological devices will be exempt from customs duties, and income from high-tech research will go untaxed.
Why now? Mirziyoyev made the announcement at a meeting with electrical-industry investors and entrepreneurs. The government wants to widen a small cluster of advanced manufacturers into a single ecosystem that supplies the local economy with modern tools and industrial robots.
What's the endgame? The country is trying to connect research, manufacturing, and investment rather than back software alone. Officials point to existing microprocessor-module production at the Akhangaran technopark and a humanoid-robot factory under construction in Tashkent with South Korean partners.
Mirziyoyev also ordered new high value-added electrical projects: servers, interactive panels, and sensors in Tashkent; office equipment and cable sets in Andijan; and electronic boards for televisions in Kashkadarya. He said the initiatives could meet domestic demand and open $5 billion in export potential, urging more than 100 local and over 10 foreign investors at the meeting to take part.
What's the wider picture? The centre is part of a broader industrial-technology push that includes 45 robotics and machine-tool projects worth $3 billion and a recent expansion of IT Park eligibility to cover microelectronics and intelligent robots. Announced in July, the Nurafshon complex spans 36 hectares and is expected to attract about $500 million, with labs, engineering and production facilities, and a robotics testing ground.
What could go wrong? The precise tax benefits and implementation terms remain unspecified. Until those are set, the announcement signals intent rather than operating capacity or investment delivered.
The signal: Uzbekistan is betting that research, hardware manufacturing, and capital can be stitched into one incentive regime. Whether that attracts the investors in the room — and the components they need — will depend on details still to come.
Read more: spot.uz
Image credit: Generated with Gemini