Uzbekistan has prepared twelve potential projects with a total value of 850 million US dollars aimed at localizing the production of energy equipment, which is currently largely imported. These projects were presented on October 16 during President Shavkat Mirziyoyev's open dialogue with investors in the fuel and energy sector.
The planned projects include the production of high-voltage equipment, control modules for energy storage systems, and components for wind turbines.
Last year, the volume of domestic goods and services used in energy sector investment projects reached 740 million US dollars. The President noted that this figure can be increased three or fourfold.
As an example, Mirziyoyev mentioned the company Energy China from China, which utilized local products for approximately 40% of the equipment and materials when constructing eight energy storage facilities.
The Agency for Industrial Cooperation, industry associations, and enterprises will jointly determine the requirements for the volume and quality of products needed by investors and organize systematic supplies.
The President emphasized that energy projects stimulate high demand for copper products. He also stated that Uzbekistan is one of the world leaders in copper mining.
The implementation of these projects increases the need for cables, transformers, metal structures, and building materials. Mirziyoyev assured that local manufacturers are capable of competing in terms of quality, price, and compliance with international standards.
In the Farish district of the Jizzakh region, a special industrial zone will be created with tax and customs benefits at the site of the planned nuclear power plant construction. This zone will specialize in producing new types of products required for the NPP.
The President invited international investors to participate in these projects.
Mirziyoyev stressed that Uzbekistan is entering into international partnerships based on its strengths, including natural resources, industrial enterprises, engineers, and a well-educated young population. He believes that combining these resources with the technology, capital, and experience of foreign partners will create greater added value.
According to the President, the economic rationale behind Uzbekistan's approach lies in developing internal capabilities, building equal partnerships with the global community, and taking responsibility for a common future.