“Investment portal of Uzbekistan”

Citizens of 76 countries will be able to get an electronic visa to Uzbekistan (List)

Uzbekistan announces visa waiver for citizens of 45 countries (List)

Important Visa Information for Indian Citizens Travelling to Uzbekistan

December 10, 2016



Effective projects on active attraction of foreign investments and modern technologies, upgrade of manufactures, technical and technological extension, development of small business and private entrepreneurship are keys to the success of the domestic light industry. Deputy Head of Uzbekyengilsanoat Company Avaz Muhiddinov has shared his ideas on the new objectives and development thrusts for the industry:“Over the years of independence, the industry has disbursed more than $2.5 billion of investments, and implemented nearly 200 large-scale investment projects. Over the years, enterprises under Uzbekyengilsanoat have produced industrial output for more than 31 trillion soums, consumer goods – for 13 trillion soums.

Today, the company merges more than 380 textile, sewing and knitting enterprises, as well as for silk manufactures. Almost 360 of them are small business entities and private enterprises. Over the past three quarters of the current year, the volume of production has exceeded 2.7 trillion soums, consumer goods – 1.2 trillion soums.

Exports stand as a major factor of development. Presently, the company enterprises export their products to more than 60 countries. In the first nine months of 2016, exports amounted to $767.3 million with 17.9 percent growth YOY. Over the reported period, the number of exporting enterprises increased by 38 and reached 250.

Meanwhile, the company has been actively increasing exports of finished products. To date, the share of products with high added value in total exports has been 42%.

At the present stage, the domestic light industry focuses on modernization, technical and technological upgrade of production, opening of new international markets, strengthening of international cooperation and involvement of foreign partners in innovative projects.

Channeling foreign investments, establishment of new joint ventures and expansion of existing facilities pave the way for raising competitiveness. Since the beginning of the year, the light industry has invited $153.7 million of investments, carried out 25 investment projects, created more than 2,000 new jobs.

Enhanced processing of cotton fiber enables the elaboration of follow-up programs. In particular, the implementation of 77 projects totaling nearly one billion dollars is currently underway in the textile industry in the framework of measures on structural reformation, modernization and diversification of production for 2015-2019.

The implementation of 140 projects in textile, garment and knitwear industry totaling $2.2 billion is scheduled for 2017-2021 as a follow-up development of the industry.