Priority Tasks in the Electrical Industry Discussed

On September 26, President Shavkat Mirziyoyev chaired a meeting on the priority tasks in the electrical industry.

Qualitative changes have also occurred in the domestic electrical industry as a result of the modernization of the industry. The volume of production in the sector has increased to 4,5 times over the past five years. The quality of products is growing. The new markets are being developed.

Thanks to this, exports increased to 5 times. It is expected that by the end of this year its figure will exceed $750 million. If the country exported 25 types of electrical goods in 2017, the figure reached 200 this year. For the first time, 11 enterprises from Fergana, Samarkand, Kashkadarya and Tashkent regions entered the foreign market.

The Chairman of Uzeltechsanoat Association M. Yunusov presented a report on the upcoming work in the industry and targets for the coming years at the meeting. It was noted that 205 projects worth $1 billion 200 million are being implemented. It is planned to localize new products and spare parts, increase exports to $1 billion in 2023.

The President supported the promising projects and outlined the priority tasks.

«If the production of household appliances has grown, then the purchasing power of the population has increased. In recent years, our electrical industry has received a new breath. Now it is necessary to develop, increase production, create added value. The ultimate goal is job creation», Shavkat Mirziyoyev has said.

An analysis of the situation in global markets shows that exports can be increased to $1.5 billion in two years. Uzbekistan has an import market worth $1 billion 300 million. In order to benefit from these opportunities, products must, first of all, be of high quality and proven manufacturers.

Therefore, the President emphasized the need for creating new local and attracting foreign brands, manufacturing products of proper quality, as well as gaining the trust of customers.

The demand for semiconductors and electronic boards in Uzbekistan and neighboring markets is estimated at $6 billion. In this regard, the instructions were given to increase the number of such enterprises, to finance scientific, experimental design and start-up projects in electronics and microelectronics. The instructions were given on labeling household appliances, expanding insurance and export crediting.

Where there are household appliances, there is always a demand for service maintenance. It was noted that training young people in this direction in vocational schools will become an important factor in ensuring their employment.

According to the Decree of the President of the Republic of Uzbekistan of September 9 this year, a program was approved to expand the use of renewable energy sources. It provides for the installation of devices based on such sources in 34,000 households, 6,000 facilities of ministries and agencies. The population will be provided with compensation and the possibility of interest-free installments for 3 years.

It is set to establish a cluster in Kashkadarya to provide consumers with alternative energy devices. The information on the progress of this project was provided at the meeting.

As it is well-known, the electrical industry is largely associated with the copper industry. In recent years, the new deposits have been developed, as well as copper reserves have been expanding. Corresponding clusters are being created in Akhangaran district and the city of Karshi. The President noted the need for introducing foreign management to these enterprises, implementing deep processing projects, mastering the achievements of science and innovation.

It was emphasized that next year 34 high-value-added projects shall be launched in this direction.

The proposals of khokims (governors) and entrepreneurs were heard.