17.11.2021

On November 17, President Shavkat Mirziyoyev held a meeting to review the ongoing work and discuss the new projects in the chemical industry.

Today, the structural reforms carried out in the economy of our country are bringing real results. In particular, over the past five years, 16 investment projects for $2,1 billion have been implemented in the chemical industry, and 3,000 new jobs have been created. It is also important that the private sector is entering the industry, with its participation the eight projects for $45 million have been launched.

Over the past five years, the chemical production has increased to 1,5 times, exports have increased from $190 million to $310 million. It is expected that by the end of the year, the total net profit of enterprises will increase to more than 8 times and exceed 1 trillion soums.

In accordance with the Decree of the President of the Republic of Uzbekistan of February 13, 2021, it is planned to create 4 clusters in the Republic of Karakalpakstan, Tashkent, Navoi and Fergana Regions. They will produce more than 20 types of products, such as carbon, polyester and acetate fiber, polyvinyl acetate and potassium nitrate.

The information about these clusters and promising projects were provided at the meeting.

The President has noted that for the huge potential in the industry, the presented projects alone are not enough, and there are the untapped opportunities for further attracting investments and increasing production.

The reserves were considered for bringing production up to 12 trillion soums next year, exports – up to $380 million. The task was set to reduce the cost of production by digitalizing the industry, reducing operating costs and energy consumption at enterprises.

As noted, the work has begun on four major projects for $740 million. These enterprises will produce the new types of products: the liquid complex fertilizers, urea-formaldehyde resin, hydroxypropyl methylcellulose and calcium chloride. The responsible officials were instructed to take the implementation of these projects under constant supervision.

The need for a consistent continuation of the transformation of enterprises, the introduction of modern technologies and management systems was emphasized.

A special attention is paid to the staffing of new enterprises. For this, next year it is envisioned to train 6,000 top and middle-level specialists. It is planned to launch the training centers at six enterprises of the industry, as well as an educational complex in Chirchik.

The importance of training specialists, taking into account the modern development of the chemical industry and the requirements of employers, was pointed out.