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Economy 14/12/2023 Uzbekistan plans to produce 1 million cars by 2030
Uzbekistan plans to produce 1 million cars by 2030

Tashkent, Uzbekistan (UzDaily.com) -- On 14 December, President Shavkat Mirziyoyev got acquainted with the presentation of proposals for developing automotive and agricultural mechanical engineering.

Thanks to the economic reforms being implemented in the country, these industries are being consistently modernized. Despite logistical challenges, car manufacturing has tripled in recent years, with total volume expected to reach 415,000 units by the end of this year. Three new private car manufacturers and prestigious foreign brands were attracted to eradicate the state monopoly and develop competition in the industry. Today, eight factories in the country manufacture dozens of types of cars, freight and passenger transport, agricultural, and special equipment.

In addition, more than 2 thousand enterprises in the industry closely cooperate with each other, and 50% localization of components is ensured.

At the same time, there is still a high demand for cars in the market. Competition among car manufacturers is intensifying both in the domestic and foreign markets. At the meeting, it was noted that from now on, the Uzavtosanoat JSC must make more efforts to expand the model range, improve quality, reduce production costs, and work in a competitive environment.

During the presentation, plans and challenges facing the industry were discussed.

In particular, by 2030, it is planned to increase the production of passenger cars in the country to 1 million units. Measures that need to be completed within the framework of this task in 2024 were identified at the meeting.

The Head of state emphasized the importance of accelerating the transformation of Uzavtosanoat and reducing costs.

As is known today, the world’s leading car manufacturers are switching to the production of electric vehicles. If domestic enterprises are slow to develop this industry, they will face difficulties occupying a worthy marketplace.

The first projects in this direction have already been started. It is planned that a car plant capable of producing 10 thousand electric vehicles per year will be launched next year.

The President noted the importance of special attention to the production of electric vehicles and ordered the production of components for them.

The country’s agricultural machinery industry produced over 3.5 thousand equipment units this year. By 2030, it is planned to increase this volume to 16 thousand per year.

An agricultural mechanical engineering cluster was established in Chirchik. Its annual production capacity is 15 thousand tractors, trailers, and other equipment. However, the system for selling them does not meet the requirements of the time.

In this regard, it was emphasized that it is necessary to expand incentives for the purchase of domestic equipment, increase the interest of clusters and farmers, create a portfolio of orders, and additional measures were identified. The task has been set to bring the localization level of domestic tractors to 35 percent and suspended equipment and trailers to an average of 60 percent.

 

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