President Shavkat Mirziyoyev announced the plans at a meeting with representatives of the electrical engineering industry, entrepreneurs and investors on November 9.
Over the past decade, the sector has attracted $2 billion in investment and seen the launch of 413 new production facilities, the president said. More than 100 new product categories have also been introduced, including household appliances, solar panels, electronic meters and high-voltage transformers.
The planned investments will cover six main areas:
Cable manufacturing: 41 projects worth $2.5 billion.
Transformers and pumps: 29 projects worth $1.4 billion.
Industrial robotics and equipment manufacturing: 45 projects worth $3 billion.
Electrical equipment for transport and electric vehicles: nine projects worth $650 million.
Electronic components and microelectronics: 21 projects worth $3.5 billion.
Household appliances: 19 projects worth $600 million.
Electronic components and microelectronics will receive the largest allocation, followed by industrial robotics and equipment manufacturing, and cable production.
Responsible executives and major customers will be assigned to each area. They will be tasked with attracting major investors and establishing cooperation with research centers and technical universities.
