The Committee on industry, construction and trade held a conference on “Development of electro-technical industry in Uzbekistan: status and prospects”.
The event was attended by deputies of the Legislative chamber of Oliy Majlis of Uzbekistan, representatives of ministries and departments, heads of enterprises, members of the JSC “Uzeltehsanoat” and employees of the mass media.
The conference discussed the stages of development and achievements in the electrical industry over the years of independence, the current state of the industry and prospects of development of the electrical industry.
Speakers at the conference noted that the electrical industry is one of the most developing branches of the republic. In 2005 the volume of production in this industry amounted to 80 billion soums, in 2015 it reached 1.3 trillion soums. In 2015 and in the first half of 2016, the industry made a delivery of the produced goods worth over 1.5 trillion soums to different sectors of the economy, in particular, to companies of the energy, oil and gas enterprises, enterprises of mining and metallurgical industry and enterprises of the social sphere.
To date, the company has some 50 enterprises operating within its structure, specialized in the production of cable, electrical, household appliances. 27 enterprises of the system are engaged in export of competitive products to the countries of Central Asia, the CIS and other foreign countries.
The diversification of production in the period 2005-2015 has greatly increased the output. In particular, if in 2005 the share of products of home appliances accounted for 3.7%, in 2015 it made up 29%.
Special attention was paid to prospects of development of the electrical industry. In accordance with the Branch development program, until 2030 it is planned to utilize $1 billion, to establish the production of 22 new products, and at the expense of modernization of all enterprises to increase the volume of production of finished products 5.1 times. In 2016-2019 Uzeltehsanoat plans to implement 95 investment projects valued at $295 million. As a result of the implementation of these projects, it is expected to create about 5 thousand new jobs. (Uzreport/Business World Magazine)