22.04.2025

On April 22, President Shavkat Mirziyoyev reviewed the results of work in the electrical industry for the first quarter of this year and the main tasks for the coming period.

The industry is rightfully considered one of the drivers of Uzbekistan's industrial growth. Over the past seven years, the volume of exports has increased 7 times, and the geography of supplies has expanded to 63 countries. Currently, about 500 enterprises operate in the sector, employing more than 27 thousand of our compatriots.

In order to further build up the potential of the industry, the decree of the President of the Republic of Uzbekistan “On additional measures to raise the electrical industry to a new stage of development” was adopted on January 22 this year. In accordance with the document, measures have been taken to stimulate production of high value-added products, attract investments and international brands, develop experimental and design works.

In the first quarter of this year, the production volume in the industry exceeded 7 trillion soums. Exports amounted to almost $310 million, increasing by 1.3 times.

During this period $55 million of investments were utilized, of which $48 million were foreign direct investments and loans.

A package of projects worth $900 million has been formed for the production of demanded products under foreign brands. Works on harmonization of technical processes and introduction of necessary technologies are underway.

During the presentation the key tasks for the second quarter and till the end of the year were outlined.

In particular, this year it is planned to increase production volume to 43 trillion soums, localize products worth about 5 trillion soums. 71 projects totaling $656 million will be implemented with the creation of 4.6 thousand jobs. Exports are expected to reach $1.7 billion, and the geography of supplies will expand to 70 countries.

The Head of our state emphasized the importance of choosing the right trajectory of development of the electrical industry in the context of global economic fluctuations and the need to promptly adapt to market requirements. The relevance of deepening localization, production of products with high added value, as well as training of qualified personnel capable of working effectively with modern technologies was noted.

The responsible managers have been instructed to establish close cooperation with each enterprise of the industry, promptly resolve emerging issues in industrial and logistic chains, as well as diversify the export geography and actively develop new markets.