Uzbekistan will increase the export of electrical equipment to $3 billion by 2025

In 2025, Uzbekistan plans to significantly increase the production and export volumes of electrical engineering products. The export of industry products is expected to reach $3 billion annually, while production volume will reach 50 trillion sums.

As part of implementing these plans, 290 new projects with a total cost of $4 billion will begin in the regions of the country. The level of copper processing is planned to reach 75%, and the volume of invested funds will reach $600 million.

To support the industry, 214 hectares of land have been allocated for electrical engineering clusters, and infrastructure worth 181 billion sums has been created. Tax incentives are also provided for enterprises implementing high-tech production.

The electrical engineering sector plays a key role in the development of the "green" economy and sustainable growth of the country. In 2025, 28 billion sums out of 75 billion sums of investments in projects will be the share of the local component. Creating a guaranteed market volume of 15 trillion sums and supporting renewable energy will also become growth drivers.

Source: President of the Republic of Uzbekistan