Mirziyoyev Presents 12 Energy Equipment Localization Projects Worth $850 Million

Uzbekistan has prepared 12 investment projects worth a combined $850 million to localize the production of energy equipment, which is currently sourced primarily through imports. The projects were presented on October 16 at an open dialogue between President Shavkat Mirziyoyev and investors from the fuel and energy complex.

The projects aim to establish production of high-voltage equipment, control modules for energy storage systems, and components for wind turbines.

In the past year, the volume of goods and services produced in Uzbekistan and used in energy investment projects totaled $740 million. Mirziyoyev stated that this figure could be increased by three to four times.

The president cited Energy China as an example: when constructing eight energy storage facilities, the company used local products for approximately 40% of the total equipment and materials.

Mirziyoyev also noted that the implementation of energy projects creates steady demand for copper products from Uzbek manufacturers. The Agency for Industrial Cooperation, working together with industry associations and enterprises, will determine the volumes and quality requirements for products needed by investors and will organize systematic supplies.