The President and domestic and foreign investors gathered at the meeting site to review the ten-year development achievements of the electrical engineering industry and finalize the next stage of industrial layout. Uzbekistan hopes to break away from the development model of simply expanding production and move towards technological upgrading and enhancing product added value. This heavyweight investment plan covers multiple high-end manufacturing tracks, synchronously supporting the construction of technology centers and overseas talent training programs, comprehensively consolidating the local electrical industry chain, and releasing signals of open cooperation to the outside world.

Industrial background

In the past decade, the local electrical industry has attracted a total investment of about 2 billion US dollars, established 413 production enterprises, and added hundreds of new products. The annual output value of the industry has increased to 50 trillion Sums, a significant increase compared to 1.7 trillion Sums in 2016. The export value of electrical products has reached 1.6 billion US dollars, and the industrial foundation has taken shape, meeting the conditions to undertake large-scale investment projects.

project layout

In the next three years, we will promote 164 electrical engineering related projects with a total investment of 11.6 billion US dollars, covering areas such as cable transformers, industrial robots, new energy vehicles, electrical equipment, microelectronics, and home appliances. Among them, the plan to invest 3.5 billion US dollars in microelectronics and electronic components, 3 billion US dollars in industrial robot equipment manufacturing, 2.5 billion US dollars in cable manufacturing, and make multiple efforts to fill the gaps in high-end manufacturing. Keywords: Uzbekistan, electrical industry, foreign investment

Supporting measures

Local synchronous layout of technology and talent support system, construction of future technology center in Nulafshang City, Tashkent Oblast, to support scientific and technological innovation manufacturing enterprises. In 2027, the Thousand Engineer Training Program will be launched to select personnel to study technology in multiple countries, optimize procurement and financing mechanisms, connect with international capital and research resources, continuously expand the export of electrical products, and accelerate the pace of industrial modernization.Editor/Li Xiaohua