Uzbekistan has announced plans to implement 164 large-scale projects with a total value of $11.6 billion in the electrical engineering sector and related new industrial areas over the next three years. These extensive modernization initiatives aim to strengthen the country's industrial capacity, expand the production of high value-added goods, and foster technological advancement, as discussed during a meeting held on November 9 by President Shavkat Mirziyoyev with industry representatives, entrepreneurs, and investors.
Key Takeaways: Over the next three years, 164 projects worth $11.6 billion will be implemented in the electrical sector; a national platform called 'New Industry' will be established to bridge scientific research with manufacturing; and testing grounds will be set up in every region by May 1, 2027.
According to official reports, the development of the electrical engineering industry will focus on six primary areas. Specifically, the cable industry will see 41 projects worth $2.5 billion, while transformer and pump manufacturing will feature 29 projects valued at $1.4 billion. Industrial robotics and equipment manufacturing will account for 45 projects worth $3 billion, and the production of electrical components for transport and electric vehicles will receive 9 projects totaling $650 million. Furthermore, high-tech sectors such as electronic components and microelectronics will benefit from 21 projects worth $3.5 billion, and the home appliances sector will undertake 19 projects valued at $600 million.
Responsible officials and primary contractors will be assigned to oversee each respective direction, tasked with attracting anchor investors and establishing robust partnerships with research centers and technical universities. Addressing the longstanding gap between scientific research and industrial application was highlighted as a critical priority during the discussions. To achieve this, the 'New Industry' national platform will be developed to seamlessly connect researchers and future technology developers with manufacturing enterprises.
Additionally, local authorities have been instructed to establish a product testing ground in each region by May 1, 2027, by creating or adapting Research and Development (R&D) centers and technoparks to new industrial standards. These specialized facilities are expected to significantly strengthen industrial cooperation and supply chain integration between large enterprises and small businesses.
Source: kun.uz