An important decree that will bring the light industry to a new stage of development
2026-01-14 / Calendar of events
The President of the Republic of Uzbekistan has approved the Decree “On Measures to Expand the Participation of Domestic Light Industry Enterprises in International Supply Chains and Strengthen Their Position in Foreign Markets.”
This Decree is aimed at the comprehensive development of the light industry sector, increasing the competitiveness of local manufacturers, boosting export potential, and creating favorable financial and organizational conditions for entrepreneurs.
The main objectives of the Decree for 2026–2027 include:
– increasing production volume in the textile and garment-knitwear industry to 167 trillion UZS;
– attracting USD 4.7 billion in foreign investments into the sector;
– raising exports to USD 4.5 billion, including USD 1 billion through e-commerce;
– creating 80,000 new jobs;
– establishing cooperation with 40 reputable foreign brands and sourcing companies.
New opportunities for entrepreneurs
Within the framework of the Decree, light industry enterprises will be provided with:
– loans of up to USD 2 million;
– refinancing of existing loans and reduction of interest rates;
– extension of loan repayment periods up to 7 years;
– easing payment schedules for cotton raw material purchases;
– introduction of targeted support mechanisms for enterprises classified as “green,” “yellow,” and “red.”
In addition, the use of renewable energy sources at enterprises will be expanded, and a system for selling surplus electricity will be introduced.
Tax and customs incentives
The Decree provides for:
– a 50% reduction in property and land taxes for cotton collection points;
– VAT exemption for investors purchasing light industry enterprises held on bank balances;
– extension of tax and customs incentives for the leather-footwear, fur, and other related industries.
Expansion of exports and investments Representative offices of the Light Industry Development Agency will be established in the United States, China, Turkey, Germany, Russia, the UAE, Poland, and Saudi Arabia in order to expand export markets and systematically attract new investors and buyers.
Moreover, to recognize entrepreneurs and industry employees who have achieved high results, the honorary badge “For Contribution to Industrial Development” will be introduced.
This Decree will contribute to the modernization of the light industry sector, the expansion of export-oriented production with high added value, and comprehensive support for entrepreneurial activity.