• Sign in
  • 1744009905_435.svg 1744009905_642.svg

  • Latest news
  • Top headlines
  • Most read
  • Columnists
O'zbekcha
Ўзбекча
Русский
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • O'zb
  • Ўзб
  • Рус
  • Eng
  • Latest news
  • Top headlines
  • Most read
  • Columnists
    • USD12496.94
    • RUB159.38
    • EUR14405.22
    • Google play
    • App Store
    • Telegram
    • Tashkent
      +32°C
      • Andijan
      • Karshi
      • Bukhara
      • Samarkand
      • Ferghana
      • Sirdarya
      • Jizzakh
      • Termez
      • Namangan
      • Tashkent
      • Navoiy
      • Tashkent reg
      • Nukus
      • Urgench
    • Daryo
      • About Daryo
      • Editorial office
      • Contact us
      • Terms of use
      • Privacy policy
      • News archive
    • Advertisement
    • Social networks
      • Instagram | Main
      • Instagram | Lifestyle
      • Instagram | Sport
      • Facebook | Main
      • OK | Main
      • YouTube | Daryo
      • YouTube | Daryo in Russian
      • YouTube | Daryo Global
    Telegram Youtube Facebook Instagram Twitter vkontakte
    Daryo logo white
    • Uzbekistan
      • Others
      • Navoi
      • Tashkent region
      • Syrdarya
      • Jizzakh
      • Kashkadarya
      • Surkhandarya
      • Khorezm
      • Bukhara
      • Samarkand
      • Namangan
      • Fergana
      • Andijan
      • Karakalpakstan
      • Tashkent City
      • DaryoKindness
      • Weather
    • Central Asia
      • Uzbekistan
      • Afghanistan
      • Kyrgyzstan
      • Kazakhstan
      • Turkmenistan
      • Tajikistan
    • World
    • Money
      • Business
      • Economics
      • Finance
      • Crypto
    • Culture
      • Movies
      • Books
      • Music
      • Celebrities
    • Lifestyle
      • Women only
        • Children
        • Beauty
        • Carrier
        • Advises
        • Fashion
        • Recipes
      • Technology
        • Architecture
        • Gadjets
        • Science
        • Space
        • Media
      • Auto
      • Entertainment
      • Travel
      • Health
      • Education
        • Entrant
        • Learn english
    • Sport
      • Football
      • UFC
      • Boxing
    infinix
    Daryo.uz - Login
    Daryo.uz Daryo.uz
    Daryo.uz - Login
    Money

    President Mirziyoyev unveils $12.7bn plan for 24 projects in key industries

    President Mirziyoyev unveils $12.7bn plan for 24 projects in key industries

    President Shavkat Mirziyoyev convened a meeting on December 25 to discuss the progress and potential of the electrical, chemical, and pharmaceutical industries across regions. Despite significant growth in the past five years—production increasing 2.6 times with a 7% industry share and exports reaching $1.6bn—untapped potential remains, the president's press service reports.

    Shavkat Mirziyoyev during the meeting.
    Source: President's press service

    This year saw the launch of 39 electrical enterprises ($163mn), 17 chemical enterprises ($70mn), and 57 pharmaceutical enterprises ($87mn). However, domestic market saturation stands below 50% in electrical engineering, 40% in the chemical industry, and 18% in pharmaceuticals.

    Addressing existing shortcomings, President Mirziyoyev urged close collaboration between regional administrations and industries to diversify the economy and boost projects for economic growth, jobs, and budget revenues. For the upcoming year, 24 projects, totaling $12.7bn, are set to commence, including expansions in polyvinyl chloride and soda ash production and ventures into olefin and metal sheet manufacturing.

    Officials from all regions of Uzbekistan participating in the meeting via a video call.
    Source: President's press service

    Mirziyoyev stressed the importance of involving local enterprises in supplying construction materials and equipment for project implementation. Additionally, industries and regions collectively generated 190 medium and small electrical projects ($2.1bn), 139 chemical projects ($3.8bn), and 110 pharmaceutical projects ($1.5bn). The President inspected their progress, provided instructions for expediting implementation, and emphasized efficiency improvement. Reports on ongoing projects and regional-industry collaboration were presented during the meeting.

     

    Follow Daryo's official Instagram and Twitter pages to keep current on world news.

    25.12.2023, 23:34   Comments (0)   1855
    Facebook Twitter LinkedIn Telegram Email

    Comments (0)

    Sign in
    Leave A Reply Cancel

    On this topic

    President Mirziyoyev unveils cotton industry overhaul: credit-module system set for 2024 implementation 

    13.12.2023, 11:16

    Russia invests over $13bn for Uzbekistan's industrial growth

    18.12.2023, 12:31

    Uzbekistan's Chamber of Commerce and Industry proposes over $8,000 in grants for "green" economy initiatives 

    19.12.2023, 20:14

    Uzbekistan's major taxpayers surpass 1,600 contributing over $7bn in 11M 2023

    19.12.2023, 23:04

    Uzbekistan's  $49.1bn external debt: World Bank report unveils decade of escalating financial obligations

    16.12.2023, 23:00

    Seasoned investor, Michael McGaughy, shares optimistic outlook on Uzbekistan's economic future

    11.12.2023, 13:09
    ×Lightbox Image

    Daryo.uz | Solution to your problems


    Beeline Uzbekistan started 2025 with a significant network modernization


    Beepul 's rising popularity: 3.5x user growth, transaction up 2.3x in 2024


    More than 500,000 new users: residents of Uzbekistan choose the Hambi superapp


    Don't want to waste time standing in lines? Pay your utility bills through the Ipoteka Retail mobile app?

     

    Recommended

    Iran as the pressure point: How Washington’s campaign against Tehran seeks to undercut China and Russia - and why Central Asia risks the fallout

    19 June, 12:24

    "Visa simplification with Uzbekistan could be on the table," EU Ambassador Klaar points out

    11 June, 12:12

    “Uzbekistan is undergoing large-scale reforms and transformation,” says EU business leader at TIIF

    11 June, 08:34

    Central Bank warns half of monthly income goes to loans as debt burden rises in Uzbekistan

    3 June, 12:34
     
     
     

    Latest news

    Komil Allamjonov designated as independent advisor to Uzbekistan’s Presidential Administration head Saida Mirziyoyeva

    Uzbekistan | 23 June, 22:58

    Saida Mirziyoyeva appointed head of Uzbekistan’s presidential administration

    Uzbekistan | 23 June, 22:45

    Uzbekistan, Mongolia ink agreements for joint wool and leather projects ahead of presidential visit

    Uzbekistan | 23 June, 16:02

    Uzbekistan tops Central Asia in FDI for first time in 30 years with $2.8bn inflow

    Uzbekistan | 23 June, 15:00

    Kyrgyzstan, UNDP partner to strengthen national systems for green and climate finance

    Kyrgyzstan | 23 June, 14:02

    China and Kazakhstan sign deal to expand rail freight to Europe via Central Asia

    Central Asia | 23 June, 12:43

    China Eximbank extends $500mn loan to Uzbekistan to develop telecommunications infrastructure

    Uzbekistan | 23 June, 11:30

    Uzbekistan, Azerbaijan agree on several new initiatives to boost trade and investment ties

    Uzbekistan | 23 June, 10:38
    Daryo About Us

    Full reproduction or partial quoting of material, as well as the use of photographic, graphic, audio and/or video materials of Daryo (the Uzbek Press and Information Agency (UzAPI, now the Agency for Information and Mass Communications under the Presidential Administration of the Republic of Uzbekistan) is registered on 13.03.2015 with certificate number No. 0944 as a mass media) is allowed if there is a hyperlink to the website daryo.uz and/or are accompanied by a note indicating the authorship of the online publication Daryo. Individual publications may contain information that is not intended for users under the age of 18. Info@daryo.uz

    Telegram Youtube Facebook Instagram Twitter vkontakte

    © Simple Networking Solutions, 2013–2025

    Age restriction

    Did you find a bug? Press Ctrl + Enter

    • Terms of use
    • Privacy policy
    • Advertisement
    What are we going to search for?

    Sign In or Register

    Welcome Back!

    Login below or Register Now.

    Google

    or with email

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Register Now

    Already registered? Login.

    Google

    or with email

    A password will be e-mailed to you.

    Leaving a comment, Пользовательского соглашения and Политики конфиденциальности

    Found an error in the text?

    ×

    Thank you. We have received your message and will fix the error as soon as possible.