Uzbekistan's anticipated WTO accession is driving efforts to enhance competitiveness through localized production, including plans to reduce costs by manufacturing 60 components for BYD electric vehicles domestically by 2025.
President Shavkat Mirziyoyev reviewed a presentation on December 5 outlining the priority tasks for Uzbekistan’s automotive industry in 2025. The discussion focused on strategies for increasing production volumes, enhancing quality, and addressing market competition.
With over 400,000 cars sold annually in Uzbekistan, demand is projected to rise as household incomes grow. This creates opportunities for local manufacturers to align production with consumer needs. The plan emphasizes increasing output while ensuring product quality to remain competitive.
Uzbekistan’s expected accession to the World Trade Organization (WTO) will intensify market competition. To prepare, manufacturers are being encouraged to localize production to reduce costs and improve competitiveness. For example, localizing 60 components for BYD electric vehicles by 2025 could significantly lower production costs. The Localization Assistance Center has been tasked with supporting this effort and doubling production volumes through regional enterprise partnerships.
The automotive sector aims to boost export revenues, with a target of $700mn in 2025. Recent years have seen the export of over 40,000 auto kits to neighboring countries. Additionally, manufacturers of buses and trucks based in Samarkand are being prepared to enter international markets.
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