Proposals for the development of the electrical engineering industry reviewed

In recent years, consistent reforms have been implemented in Uzbekistan in this area, leading to the establishment of modern production facilities and a steady increase in output and exports. Over the first nine months of the current year, industrial production in the sector grew by 16.3 percent, reaching 34 trillion UZS, while exports totaled $970 million.

At the same time, the industry still has significant untapped potential. In particular, there remains a need to increase the share of high-value-added products, expand copper processing, and diversify exports. Currently, only about 60 percent of copper exports are accounted for by products with high added value.

During the presentation, proposals aimed at stimulating deep raw material processing and further supporting domestic manufacturers were reviewed. In particular, the measures include discounts for enterprises purchasing raw materials, state compensation of the portion of loan interest rates exceeding 5 percent, and the provision of tax and customs incentives.

It was noted that, in addition to the production of traditional goods, it is necessary to more actively develop high-tech sectors, including the electronics and semiconductor industries.

According to forecasts, copper production in Uzbekistan is expected to increase to 250,000 tons in the coming years and reach 500,000 tons by 2030. Responsible officials presented projects designed to utilize this raw material base for the production of high-value-added goods. These include the manufacture of servers, industrial electronics, air conditioners, solar panels, measuring instruments, and automation systems, as well as smart cards. Overall, the industry has developed a project portfolio comprising 157 initiatives with a total value of $2.1 billion, the implementation of which is expected to create 14,500 new jobs.

The activities of electrical engineering technoparks operating in various regions of the country were also reviewed at the meeting.

Today, opportunities for promoting domestic products on international markets are expanding. The Uzbek Institute of Standards has been accepted as a member of the International Electrotechnical Commission (IEC) Conformity Assessment Systems, which ensures that certificates issued to Uzbekistan manufacturers are recognized in 53 countries worldwide.

Additionally, the Agency for Technical Regulation, in collaboration with European partners, is establishing a conformity assessment system. This will allow Uzbekistan products to be awarded the “CE” mark, confirming compliance with European Union standards. This step will enable at least a doubling of exports to European markets.

The Head of State issued specific instructions to accelerate the implementation of planned measures and projects, maintain export growth rates, and expand access to new foreign markets.