Collaboration between New Uzbekistan University and industry companies plays a vital role in shaping a forward-thinking, innovative academic environment. By working closely with businesses, New Uzbekistan University ensures that its students are exposed to real-world challenges and opportunities, allowing them to develop practical skills that are highly valued in today’s competitive job market. These partnerships often lead to internships, industry-led projects, and mentorship programs that bridge the gap between academic theory and professional practice. Through constant interaction with industry leaders, New Uzbekistan University is able to keep its curriculum dynamic and relevant, adapting quickly to the evolving needs of the global economy.
In addition to educational benefits, University gains access to research funding, state-of-the-art technologies, and professional expertise, which strengthen its research capabilities and global reputation. Companies also benefit significantly by tapping into a pipeline of talented graduates, engaging in innovative joint research projects, and finding cost-effective solutions to complex problems. Furthermore, such collaborations help stimulate local and international economic growth, driving entrepreneurship, technological innovation, and job creation. Ultimately, the strong ties between New Uzbekistan University and industry partners create a vibrant ecosystem where education, business, and society work together to build a more prosperous and sustainable future.
Uzcard is the national payment system of Uzbekistan, launched in 2004 to support electronic transactions across the country. It operates under the supervision of the Central Bank of Uzbekistan but functions as an independent organization working with many local banks. Uzcard issues debit and credit cards that are widely used for ATM withdrawals, POS payments, and online shopping within Uzbekistan. Most Uzcard transactions are carried out in the national currency, Uzbek soums (UZS). In recent years, Uzcard has partnered with international systems like UnionPay and Mastercard to enable limited use abroad. It faces competition from Humo, a newer payment system, but still holds the largest share of the market. Uzcard is deeply integrated into everyday life, from paying at supermarkets to settling utility bills and even supporting mobile QR payments.
"Almalyk Mining and Metallurgical Plant JSC (AMMC) is the largest mining and metallurgical enterprise in Uzbekistan, located in the city of Almalyk in the Tashkent region. AMMC produces about 90% of silver and 20% of gold in the country, and is also the leading copper producer in Central Asia.
The main activities of AMMC:
Mining and processing of ores: The plant is engaged in the extraction and processing of copper-molybdenum, lead-zinc and gold-silver deposits located in the Tashkent, Jizzakh, Namangan and Surkhandarya regions.
Metallurgical production: AMMC includes several metallurgical plants producing copper, zinc and other metals.
Production of building materials: The plant includes the Jizzakh and Sherabad cement plants, as well as a limestone plant, which provides raw materials for the enterprise. "
Uzkimyosanoat JSC is a major state-owned company in Uzbekistan that manages and develops the country’s chemical industry. Founded in 1932, it unites 14 industrial enterprises and 13 distribution organizations, along with research and logistics institutions. The company produces over 180 types of chemical products, including fertilizers, methanol, caustic soda, and synthetic fibers, making it a leading chemical producer in Central Asia. Its strategic goals focus on boosting competitiveness, expanding deep resource processing, integrating modern technologies, and promoting environmentally friendly production. In recent years, Uzkimyosanoat has attracted attention from international rating agencies, with Fitch Ratings and Moody’s assigning it solid credit ratings. The company also plays a key role in supporting Uzbekistan’s agricultural and industrial sectors by ensuring a steady supply of essential chemical materials. Its headquarters is located in Tashkent, and it continues to be a pillar of Uzbekistan’s economic growth.
Ipak Yuli Bank is one of the leading commercial banks in Uzbekistan, founded in 1990. The bank offers a wide range of services, including loans, foreign exchange operations, transfers, deposit programs, and banking cards for individuals and legal entities. It actively supports small and medium-sized businesses by providing financing to entrepreneurs and contributing to market development. With over 60 branches and offices across Uzbekistan, the bank ensures access to its services in both major cities and remote regions. In recent years, Ipak Yuli Bank has introduced modern financial technologies, including a mobile app that allows customers to manage their accounts and cards online. As one of the largest private banks in the country, Ipak Yuli Bank continues to improve its customer service quality and expand its network.
The National Bank of Uzbekistan (NBU) is the country's largest commercial bank, established in 1991. It offers a wide range of financial services to individuals and legal entities, including loans, deposits, bank cards, and money transfers.
Key Facts about NBU:
Size and Reach: NBU is the largest bank in Uzbekistan by assets and is listed among the systemically important banks in the country
Branch Network: The bank operates an extensive network of 75 branches and 239 ATMs across Uzbekistan, ensuring accessibility of its services to clients
Click is a leading fintech company in Uzbekistan, established in 2011. It offers a wide range of financial services through its multifunctional platform, Click SuperApp, integrating payments, transfers, and other services. As of 2024, Click serves over 5 million users, processing more than 450 million transactions monthly. The company actively promotes innovation and the digitalization of financial services, aiming to make them accessible and convenient for everyone.
Uzbekistan Venture Capital Association (UZVCA) is a non-governmental, non-profit organization established in January 2020. Its mission is to support the development of the venture ecosystem in Uzbekistan, attract international venture capital into the Uzbek startup ecosystem, and build bridges between local and global ecosystems to facilitate the exchange of knowledge, technology, and capital.
Key Activities of UZVCA:
Venture Ecosystem Development: Facilitating the creation and strengthening of venture capital infrastructure in the country.
Investment Attraction: Connecting with international investors to fund local startups.
Knowledge and Technology Exchange: Organizing events and platforms for experience sharing between different ecosystems.
The Center for Youth Initiatives (CFYI) in Tashkent focuses on supporting youth projects and promoting innovative technologies in Uzbekistan. It provides educational and entrepreneurial support for young people seeking to develop startups and innovative solutions. Key areas of the center's activities include developing engineering thinking, engaging youth in solving pressing issues in sectors like energy, agriculture, IT, and engineering. The center also works closely with educational institutions, introducing programs aimed at training and involving students in practical activities. CFYI offers access to modern laboratories such as FabLab, AI labs, and centers for developing energy-efficient and eco-friendly technologies. The center plays an important role in fostering innovation and creating startups, providing all necessary resources for their growth and development.
The National Venture Capital Fund «UzVC» was established in 2020 to support innovative projects and develop the startup ecosystem in Uzbekistan. In 2024, the fund was reorganized into a "Fund of Funds," with its primary objective being the financing of venture funds. This includes forming investment portfolios, attracting domestic and international investors, and facilitating grant financing from international financial institutions and donor organizations.
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As part of its activities, the fund invests in various venture projects, including successful startups such as Tass, Sugurta Bozor, Zypl.ai, ModMe, Depozit.uz, Pastoral, and MohirDev. Additionally, the fund actively works on improving the regulatory framework of the venture ecosystem and enhancing financial literacy in venture financing.
U-ENTER is an Entrepreneurship Innovation Center located in the heart of Tashkent, Uzbekistan. It was established to stimulate economic growth through the development of innovative entrepreneurship and the startup ecosystem. The center provides support to young entrepreneurs, organizes training, and offers capacity-building programs for organizations involved in startup development.
LLC "OFFBOX" is a company specializing in information security services in Uzbekistan. Their main activities include information security audits, vulnerability assessments, penetration testing, and cybersecurity training. The company has established itself as a reliable partner in data protection, offering comprehensive solutions for businesses.
O'zAvto-INZI LLC is a joint venture established in 2015, specializing in the production of aluminum automotive components. Located in the Tashkent region, the company produces over 3.5 million units annually. O'zAvto-INZI actively employs advanced technologies to ensure high-quality products used in the automotive industry, including for vehicle assembly. Collaborating with international partners and investors, the company strives to develop its production and improve its competitiveness. The entire production process meets modern standards, and the enterprise is focused on expanding its capacity and introducing innovative solutions. This company plays a significant role in the development of Uzbekistan's automotive industry and is an important player in the market.
Shurtan Gas Chemical Complex LLC, located in the Kashkadarya region of Uzbekistan, is one of the country's largest chemical enterprises. Established in 2001, it processes natural gas to produce polyethylene, liquefied gas, gas condensate, granulated sulfur, and other chemical products. The complex includes several plants that supply both the domestic market and export to various countries. In 2020, Shurtan GCC became one of the largest taxpayers in Uzbekistan. Modern technologies and high product quality make Shurtan a leading enterprise in the gas-chemical sector, playing a key role in the economy of the region and the country as a whole.
Muborak gazni qayta ishlash zavodi LLC — O'zbekistonning yoqilg'i-energetika sanoatining asosiy korxonalaridan biri bo'lib, Qashqadaryo viloyatidagi Muborak shahrida joylashgan. Zavod 1971 yilda tashkil etilgan bo'lib, tabiiy gazni qayta ishlash, suyultirilgan gaz, barqaror gaz kondensati va oltingugurt ishlab chiqarish bilan shug'ullanadi. So'nggi yillarda korxona energiya samaradorligini oshirish maqsadida quyosh elektr stansiyalari va quyosh suv isitgichlarini o'rnatish kabi texnologiyalarni joriy etmoqda. 2021 yilda zavodda suyultirilgan gaz ishlab chiqarishni oshirish uchun propan-butangaz aralashmasi qurilmasi ishga tushirildi, bu esa ishlab chiqarish quvvatini kengaytirishga xizmat qilmoqda.
JSC "Dekhkanabad Potash Plant" is a leading producer of potassium chloride in Uzbekistan, located in the Dekhkanabad district of the Kashkadarya region. The plant mines sylvinite ore and produces potash fertilizers, fully meeting the country's domestic demand and exporting products to over 30 countries, including China, Kazakhstan, Tajikistan, Iran, and the UAE. Since its establishment in 2010, the company has exported over 1.5 million tons of fertilizers worth approximately $300 million. The plant's design capacity includes processing 2.1 million tons of ore and producing 600,000 tons of potassium chloride annually.
Uz-Kor Gas Chemical LLC is the largest Uzbek-Korean joint venture, operating the Ustyurt Gas Chemical Complex in Karakalpakstan. It was established through cooperation between Uzbekneftegaz and Korean companies LOTTE Chemical, KOGAS, and GS E&R. Launched in 2015, the complex includes plants for producing ethylene, high-density polyethylene (387,000 tons/year), and polypropylene (83,000 tons/year). Its products are used in packaging, construction, textiles, medicine, and automotive industries. The enterprise employs technologies from KBR, UOP, Mitsui, and others. Uz-Kor plays a key role in developing Uzbekistan’s petrochemical sector, supplying domestic and export markets while implementing international standards for quality and sustainable production.
Qo'ng'irot soda zavodi LLC is the largest chemical enterprise in Uzbekistan, located in the Republic of Karakalpakstan, Kungrad district. The plant specializes in the production of soda ash, starting production in 2006 with grade "B" ("light" soda). In June 2020, the enterprise mastered the production of grade "A" ("heavy" soda), used in the production of glass, synthetic detergents and building materials.
In 2022, the government of Uzbekistan approved an investment project to increase the production capacity of the plant from 200 thousand to 450 thousand tons of soda ash per year by 2025. Long-term plans provide for expanding production to 1 million tons per year, given the growing demand for products in the countries of the Middle East and North Africa
The plant is actively involved in environmental initiatives, such as the nationwide Green Space project, which includes tree planting and landscaping campaigns around the plant.
OOO "Qo'ng'irot soda zavodi" plays a key role in the chemical industry of Uzbekistan, providing the domestic market and export needs for soda ash.
JSC Navoiazot is one of the largest chemical enterprises in Uzbekistan, specializing in the production of mineral fertilizers and chemical products for various industries. Founded in 1964 in the city of Navoi, the enterprise has become a key player in the country's chemical industry, producing more than 80 types of products, including ammonia, nitric acid, ammonium nitrate, urea and polyvinyl chloride
The enterprise includes more than 25 main and over 200 auxiliary workshops, providing an annual production volume of about 414.3 million dollars. In 2024, the plant's capacity was designed to produce 100 thousand tons of polyvinyl chloride, 300 thousand tons of methanol and 75 thousand tons of caustic soda per year
JSC Navoiazot is actively involved in social initiatives, including funding educational programs and supporting local communities, which contributes to the sustainable development of the region and improving the living conditions of the population.
JSC Farg'onaazot is one of the largest chemical enterprises in Uzbekistan, specializing in the production of mineral nitrogen fertilizers, defoliants and cellulose acetates. Located in the city of Fergana, the enterprise is part of JSC Uzkimyosanoat
JSC Farg'onaazot is actively modernizing its production facilities. In 2016, with the support of the World Bank, a complete modernization of the water treatment system was carried out, including the installation of a modern reverse osmosis system. In 2024, the enterprise signed a contract with JSC NIIK for the modernization of ammonia production.
The enterprise also pays attention to the training ofa young specialists, financing their education at the engineering and technology faculties of the Fergana Polytechnic Institute.
JSC Farg'onaazot plays a key role in providing the agricultural sector of Uzbekistan with high-quality fertilizers, contributing to an increase in crop yields and the development of the country's agricultural sector.
IP LLC "Birinchi Rezinotexnika Zavodi" is a leading manufacturer of tires and rubber products in Uzbekistan. The plant is located in the industrial zone of the city of Angren, Tashkent region. The enterprise produces a wide range of products under the BARS TIRES brand, including automobile and agricultural tires, as well as conveyor belts.
The enterprise has a production capacity of up to 3 million tires for passenger cars, 200 thousand tires for agricultural machinery and 100 thousand conveyor belts per year.
The plant actively exports its products, the company has carried out 528 export deliveries, mainly to Russia, with major buyers such as LLC "Icon Tires" and "Formula Auto Plus LLC".
The activities of "Birinchi Rezinotexnika Zavodi" contribute to the development of the tire industry in Uzbekistan and strengthening the country's position in the international market of rubber products.
JSC Ammophos-Maxam is one of the largest enterprises in Uzbekistan, specializing in the production of complex nitrogen-phosphorus mineral fertilizers. The plant was commissioned in December 1969 and is located in the city of Almalyk, Tashkent region. The enterprise occupies an area of 194.5 hectares and includes two ammophos production workshops, two extraction phosphoric acid workshops, sulfuric acid production and other auxiliary units. Main products: Ammophos, Ammonium sulfate phosphate, Suprefos, Sulfuric acid, Ammonium feed phosphate.
In February 2009, 49% of the company's shares were acquired by the Spanish corporation Maxam Corp, S.A.U. JSC Ammofos-Maxam is part of the joint-stock company Uzkimyosanoat and actively cooperates with research institutes of Uzbekistan and the Russian Federation.
Uz Tong Heung Company LLC is an Uzbek-Korean joint venture specializing in the production of car seats and components. Founded in 2011, the company produces car seats for various car models, ensuring their compliance with international quality standards. The company's products are used both in the domestic market and exported. In addition to the main production, Uz Tong Heung Company is engaged in the production of consumer goods and sports equipment. The company actively participates in the development of the automotive industry of Uzbekistan, introducing modern technologies and maintaining high production standards.
JSC Jizzaxplastmassa a is a leading manufacturer of plastic products in Uzbekistan. The plant, located in Jizzakh, was designed in the 1960s and put into operation in 1972. Throughout its history, the enterprise occupied one of the leading places among the largest factories in the USSR in terms of production volume, especially in the production of film and pipes for agriculture and construction.
The company produces a wide range of plastic products, including film, pipes and other goods used in various industries and construction.
In 2020, the company conducted an initial public offering (IPO), offering the public up to 25% of shares of the authorized capital. The funds received from the sale of shares were used to finance investment projects and modernize production.
The company is actively involved in social projects aimed at improving the working and living conditions of employees, as well as in environmental initiatives to reduce the impact of production on the environment.
IT Park is a government initiative aimed at developing Uzbekistan's IT sector. Founded in 2019, it provides infrastructure, tax incentives, and support for startups and IT companies. IT Park features modern office and educational spaces, such as the IT University and coworking centers. Residents enjoy tax exemptions until 2040. IT Park actively supports startups, trains specialists, and develops partnerships with international companies. It also has representations in the USA, Germany, and other countries, promoting global connections.
The Institute of Ion-Plasma and Laser Technologies named after U.A. Arifov is a scientific institution of the Academy of Sciences of the Republic of Uzbekistan, founded in 1963. It specializes in conducting research in the field of electronics, photonics, molecular physics and thermal physics, as well as in the development and implementation of ion-plasma and laser technologies. The institute studies processes on the surface of solids, including ionization and emission, and develops methods of ion-beam processing to change the properties of surfaces. In addition, the institute is actively working on the creation of solar furnaces, photoconverters and solar concentrators for the efficient use of solar energy.
NGO "Digital Generation Uzbekistan" is the largest IT community in Uzbekistan, founded to support and develop information technologies in the country.
The organization conducts courses in programming, robotics, digital design and other areas of the IT sphere, accessible to participants of different ages and levels of training. The NGO also creates laboratories for teaching hearing-impaired children and pupils of boarding schools, ensuring equal access to IT education. It actively cooperates with government agencies, educational institutions and international partners, striving to create a dynamic and inclusive IT environment in Uzbekistan.
LLC "IT Investment Center" is a company focused on the development and implementation of information technologies in Uzbekistan. It offers a wide range of services, including software development, IT consulting, and support for digital projects. The center actively collaborates with government agencies and private enterprises, promoting digitalization and modernization across various sectors of the economy. The company's main goal is to stimulate innovation and investment in the information technology sector, contributing to the country's economic growth and technological advancement.
Safia Cafe & Bakery is a well-known cafe and bakery chain in Uzbekistan, founded in 2001. The company specializes in producing and selling desserts, pastries, and confectionery, including cakes, pies, pastries, and cookies. In addition to traditional products, the menu includes healthy eating options, such as the "Safia Light" line.
Safia operates over 70 locations in major cities of Uzbekistan and Kazakhstan. The company is actively expanding its services, including delivery and catering. Safia also supports social initiatives, collaborating with international organizations and participating in projects to improve community welfare.
JSC "Uzbekneftegaz" is the largest state-owned oil and gas company in Uzbekistan, established in 1992. The company operates across the entire oil and gas value chain, including geological exploration, production, transportation, storage, refining, and sales of oil and gas. Its structure comprises research institutes, production associations, and construction enterprises. Uzbekneftegaz actively implements modern technologies and participates in major investment projects, such as the Ustyurt gas chemical complex and the Uzbekistan GTL synthetic fuel plant. The company also collaborates with international partners, including Korea National Oil Corporation, China National Petroleum Corporation, and Lukoil, in field development and infrastructure expansion.
JSC "Uzmetkombinat" is a leading ferrous metallurgy enterprise in Uzbekistan, established on March 5, 1944. The plant operates a full production cycle: from scrap metal processing to the production of long steel products and steel grinding balls. Since its inception, the enterprise has been dynamically developing, increasing production capacities, and implementing modern technologies. Currently, the plant is implementing a large-scale investment program aimed at increasing production capacity to 2.5 million tons of rolled products per year during 2021–2026. The products of JSC "Uzmetkombinat" are in demand both in the domestic market and are exported to various countries worldwide.
UzAuto Motors JSC is the largest passenger car manufacturer in Uzbekistan, located in Asaka, Andijan region. Founded in 1994, the company began its operations as a joint venture with the South Korean corporation Daewoo, and in 2008 became known as GM Uzbekistan. In 2019, the company was renamed UzAuto Motors. Today, it produces cars under the Chevrolet brand. The company's production capacity reaches 500 thousand cars per year. UzAuto Motors is actively engaged in modernization of production and implementation of new technologies, and is also actively developing exports, supplying cars to more than 40 countries. The company plays an important role in the country's economy, creating thousands of jobs and supporting social initiatives.
Uztextileprom Association - The Textileprom Association is the leading organization uniting textile industry enterprises in Uzbekistan. It was established in 2017 to support and develop the textile sector in the country. The association promotes digitalization, modernization, and product quality improvement, as well as facilitates cooperation between government and private structures in the textile industry. Textileprom is actively working on implementing new technologies and enhancing the competitiveness of textile products in international markets.
IE LLC "Huawei Tech Investment Tashkent" is a subsidiary of the Chinese technology giant Huawei, established in 2005. The company specializes in the supply and installation of telecommunications and network equipment, as well as providing a wide range of information and communication technology services. Huawei has been present in Uzbekistan since 1999, and since 2005, its representative office, IE LLC "Huawei Tech Investment Tashkent," has been operational. The company actively participates in implementing major projects aimed at modernizing the country's telecommunications infrastructure.
Hancom Academy is a leading South Korean educational institution specializing in training in information technology, artificial intelligence, Internet of Things, blockchain, and autonomous driving. For over 20 years, Hancom Academy has been at the forefront of education in IT, software, data analytics, and autonomous technologies. The academy offers a variety of educational programs, including courses in data analysis, embedded robotics, and more. In October 2024, Hancom Academy signed a strategic agreement with Digiwill to develop smart class solutions aimed at innovations in digital education. Additionally, Hancom Academy is an Intel® oneAPI Technology Partner and a member of the Intel® Certified Instructors Program.
MS Motorservice International GmbH is a subsidiary of the Rheinmetall technology group, established in 1997 through the merger of KS Kolbenschmidt GmbH and Pierburg GmbH. The company specializes in the aftermarket distribution of automotive components, offering products under premium brands such as Kolbenschmidt, Pierburg, and TRW Engine Components. As of December 2024, the Motorservice Group employs 1,058 people and achieved a turnover of €558.9 million. In April 2024, the company announced plans to construct a new state-of-the-art high-bay warehouse with automated storage in Neuenstadt, Germany, aiming to optimize material flows. The warehouse is expected to be operational in the first quarter of 2025.
Siemens AG is a leading international technology company with more than 170 years of history, specializing in areas such as electrical engineering, automation, medical technology, and energy. The company has been actively operating in Uzbekistan since 1992, participating in major projects in energy, infrastructure, and industry. Siemens Uzbekistan offers innovative solutions in automation, digital technologies, and energy-efficient technologies. The company supplies equipment for thermal power stations, develops infrastructure in the modernization of the transportation sector, and implements healthcare projects by supplying medical equipment. Siemens actively supports innovative initiatives, implements cutting-edge technologies, and contributes to improving the quality of life through the introduction of digital solutions.
StrategEast is an independent nonprofit organization founded in 2017 with offices in the USA, Ukraine, Georgia, and Kyrgyzstan. The organization’s mission is to develop the digital economy of Eurasia and strengthen ties between political and business leaders from post-Soviet countries and the United States. StrategEast actively collaborates with educational institutions, supports computer science education in universities, and organizes events such as the INMerge Innovation Summit in Georgia. The organization also participates in discussions at international forums, such as the World Bank roundtable on ICT and digital jobs in Central Asia