Tashkent:Uzbekistan has announced plans to implement 164 projects valued at a total of $11.6 billion within the electrical engineering industry and associated manufacturing sectors over the next three years, as stated by President Shavkat Mirziyoyev during a visit to NURA Electric in the Tashkent Region.

According to Trend News Agency, the announcement was made public through the official channel of Sherzod Asadov, the president's press secretary. It was revealed that the projects would cover six key areas in the industry.

Specifically, 41 projects valued at $2.5 billion will focus on cable manufacturing, while 29 projects worth $1.4 billion will be dedicated to the production of transformers and pumps. Additionally, 45 projects with an investment of $3 billion are planned for industrial robotics and machinery manufacturing. Moreover, nine projects with an investment of $650 million are set to produce electrical equipment for transport and electric vehicles. In the electronic components and microelectronics sector, 21 projects worth $3.5 billion are planned, alongside 19 projects valued at $600 million in household appliances.

President Mirziyoyev has tasked officials in charge of each sector with attracting anchor investors and establishing cooperation with research centers and technical universities to enhance the connection between industrial production, research, and technological development.

These projects are part of Uzbekistan's broader economic diversification policy aimed at reducing dependence on raw material exports. The strategy focuses on expanding manufacturing, developing technology-intensive industries, and increasing the production of value-added goods. The government is working to attract foreign investment, localize production, and strengthen industrial cooperation with international partners to create new export opportunities. This approach is intended to make the economy more competitive and resilient, moving beyond traditional commodities.