Tashkent, Uzbekistan (UzDaily.com) -- President of Uzbekistan Shavkat Mirziyoyev visited the Nam Motor Servis enterprise in Namangan region.

The investment project, the first stage of which was launched in 2021, was implemented on an area of more than four hectares. Modern technologies from China have been successfully introduced.

As a result, it has been possible to produce ten thousand electric motors and two thousand water pumps per year. One hundred people are provided with work.

The company’s products comply with energy efficiency class IE2 and international standards. It is supplied to domestic mining and metallurgical plants, water management organizations, and is also exported to Central Asian countries.

Another important feature is the high level of containment - 60 and 100 percent in electric motors and water pumps, respectively.

The future plans of the enterprise were presented to the President.

The second stage of the project will launch in May, and the final one by the end of the year. As a result, the range of manufactured products will increase and the geography of cooperation will expand. Another 160 new jobs will be created.

In particular, facilities will be created here to produce 2.2 thousand tons of enameled wire, 6 thousand electric motors and 4 thousand large-sized water pumps. This means an additional volume of industrial goods worth 500 billion soums.

Instructions were also given to expand cooperation with other industries and enterprises, as well as to further increase the level of localization.