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The authorities of Uzbekistan are launching a series of substantial economic incentives aimed at bolstering the domestic manufacturing of electronics, robotics, and high-tech equipment. These measures were officially announced during a strategic meeting on November 9, where the leadership, led by President Shavkat Mirziyoyev, conferred with representatives of the electrical engineering industry, local entrepreneurs, and foreign investors. The initiative is designed to accelerate the nation's industrial modernization and foster a self-sustaining technological ecosystem.

Key Takeaways: A new 'Future Technologies Center' is set to be established in the city of Nurafshon, granting its corporate residents the exact same preferential treatment enjoyed by IT-park participants. Additionally, imports of raw materials and components required for robotics and technological equipment will be completely exempted from customs duties, alongside tax exemptions on revenues derived from local scientific developments.

According to presidential press secretary Sherzod Asadov, the country is steadily constructing a solid foundation for advanced industrial development. Over a dozen enterprises dedicated to manufacturing specialized technological machinery for the textile, metal-working, and construction sectors are already operational. Furthermore, micro-processor modules are currently being manufactured at the Angren technopark, while an industrial robotics assembly project has been initiated in Tashkent in partnership with South Korean stakeholders.

The ultimate objective of these state policies is to establish a comprehensive domestic ecosystem capable of supplying all industrial sectors with modern machinery, industrial robots, and electronic components. By providing significant regulatory relief and tax breaks for companies operating within the newly designated Nurafshon hub, the authorities hope to attract high-value capital and stimulate local research and development initiatives.

During the high-level meeting, officials also outlined a strategic objective to increase the export volume of electrical engineering products up to $5 billion. To achieve this ambitious target, several regional manufacturing projects are slated for implementation: office equipment and cable assemblies will be produced in Andijan, servers and interactive sensor panels in Tashkent, and electronic circuit boards for televisions in the Kashkadarya region.

Source: kun.uz