Uzbekistan Targets $3 Billion In Electrical Equipment Exports

Uzbekistan aims to increase its annual exports of electrical equipment to $3 bn. The initiative was presented to President Shavkat Mirziyoyev during a meeting on the industry’s development.

Electrical equipment production is projected to reach UZS 50 trln in 2025. For comparison, last year, enterprises in the country produced electrical goods worth UZS 31 trln.

Exports amounted to $1.3 bn, while investment in the sector totalled $516 mn. Entrepreneurs will also have the opportunity to construct buildings in technology parks and sell them to enterprises in the electrical and related industries.