25.12.2023

On December 25, President Shavkat Mirziyoyev held a meeting on the development of the electrical, chemical and pharmaceutical industries in the regions.

As a result of structural changes and the industrial environment created over the past five years, production in the three sectors has grown 2.6 times, and their share in industry has reached 7%. In addition, 231 types of new products have been introduced, with exports totalling $1.6 billion.

This year alone, 39 electrical companies worth $163 million have been set up, 17 chemical companies worth $70 million and 57 pharmaceutical companies worth $87 million.

However, there is still a lot of untapped potential in these sectors. The domestic market saturation with local products is less than 50% in electrical engineering, 40% in chemicals and 18% in pharmaceuticals.

The zones and opportunities for industrial cooperation created in the regions are underused. Industrial equipment worth $85 million imported for 116 enterprises has not been put into operation. 727 enterprises are not operating at full capacity.

The existing shortcomings were critically analyzed at the meeting and urgent tasks were defined.

- Hokimiyats must work closely with industry, diversify the economy of the regions, and increase the number of projects. Only then will there be economic growth, jobs and budget revenues," said Shavkat Mirziyoyev.

Next year, 24 major projects worth $12 billion 700 million will be launched in the three sectors concerned. These include the expansion of polyvinyl chloride production capacity in Navoiazot and soda ash in Kungrad, the production of olefins from methanol in Karakul, and the production of sheet metal for household appliances and cars in Samarkand.

The Head of State stressed the importance of involving local companies in the supply of construction materials and equipment needed for the implementation of the projects.

In addition, the industries and regions together have formed 190 small and medium-sized projects worth $2.1 billion in the field of electrical engineering, 139 projects worth $3.8 billion in the chemical industry, and 110 small and medium-sized projects worth $1.5 billion in the pharmaceutical industry. At the meeting, the President familiarized himself with their production capacity, product range and the number of jobs to be created, and gave instructions to speed up the implementation of the projects and improve their efficiency.

The responsible officials reported on the progress of projects already underway and on the system of interaction between regions and industries.