Mirziyoyev announces 164 electrical engineering projects worth $11.6 billion

The projects are divided into six areas. The largest share of funding, $3.5 billion for 21 projects, is earmarked for electronic components and microelectronics, while the largest number of projects, 45 worth $3 billion, is in industrial robotics and equipment. A total of 41 projects worth $2.5 billion are planned for the cable industry, 29 worth $1.4 billion for transformers and pumps, 9 worth $650 million for products for transport and electric vehicles, and 19 worth $600 million for home appliances. Each area will have its own designated officials and key customers.

The meeting noted that over the past decade, $2 billion has been invested in the industry and 413 new enterprises have been launched. Since the start of the year, electrical engineering output has reached 50 trillion soums, nearly 30 times the 2016 level, while exports have surged 14-fold to $1.6 billion. At the same time, the president described the utilization of the industry's potential as low and stated that enterprises need a "major technological leap."

The meeting also discussed video surveillance systems: domestic market demand is estimated at $200 million per year, and more than $600 million when including neighboring countries. Currently, two companies, Digital Security from Bukhara and Samvision from Samarkand, produce 2,000 cameras a year, and the president ordered an increase in the number of such projects.

As reported by an Upl.uz correspondent, Mirziyoyev also said that five domestic manufacturers had attracted $80 million from the EBRD. According to him, the bank is prepared to allocate $2–3 billion to industrial enterprises and cover part of the expenses for assessing their operations. The state will cover the remaining such costs, including the services of international consultants — up to $50,000 per company from the funds of the Trade Development Company.