Uzbekistan’s great culture and history is influenced by Indo-European, Persian and numerous civilizations since the time of the ancient Bactria. Modern Uzbekistan has large natural resources (minerals, metals, natural gas, gold etc.). There is strong potential for developments in all areas of ICT if market competition will open possibilities for investors seeking to establish a presence in this dynamic Central Asian market.
Promising Segments in ICT*
IT, Internet (broadband), Telecoms, WiFi and WiMAX networks and services are expected to be drivers for networking and growth for the country's economy.
* IT, Communications & Technologies |
Growth Outlook
Very Positive. J&P expects a CAGR for Telecom, IT and Media services to grow by 30-40% reaching $2.75 Bln by 2011 if competition and private sector involvement is allowed to increase.
Contact J&P for advice on investment opportunities.
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Investments
Main Country Investors: USA, Germany, Switzerland, France, Japan, South Korea, Russia, Turkey, China and Benelux |
Interesting Facts
Young people 1/3 pop. < 14 years Legendary in splendor Uzbek Weddings Size of HH 5.2 people (avg.) |
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