15.02.2024

President Shavkat Mirziyoyev visited the Andijan Industrial Hub enterpresis in Andijan region.

This 105-hectare industrial zone includes 12 projects in industries such as mechanical engineering, electrical engineering and construction materials. One of them is a LLC Auto Spring Components. The company, worth around US$60 million, can produce 18,000 tonnes of steel parts a year.

Castings are the basis of modern industry. Their production requires high skills and technology. In the past, the domestic automotive and engineering industries relied heavily on imported parts. Now, after their localization, production costs will be reduced and the competitiveness of products will be increased.

The President inspected the technological process at the enterprise.

It produces steel parts for cars and agricultural machinery based on German and Chinese technologies. Metal casting capacities are developed by US companies and machining lines by Chinese partners. Last year it produced spare parts worth 830 million Uzbek soums for four types of agricultural machinery.

This is the first phase of the project, which has created 140 jobs. The second stage of production of cast automotive parts will be launched in May this year.

The unique plant can cast 12 tonnes of metal at a time. It is worth noting that the enterprise also recycles metal waste from the Asaka Automobile Plant.

When the complex reaches full capacity, localized products worth US$27 million will be produced annually. It was noted that the report to the President on localized product information should pay particular attention to cost reduction and use of green technologies.

This year, 10 projects worth US$156 million will be launched in the hub, employing 2,000 people. In 2025, 2 projects worth US$14 million are expected to create a further 400 jobs.