Shavkat Mirziyoyev has looked into the projects under implementation at the UzXCMG joint venture in Urgench.
Operational since 2014, the JV is going to undergo modernization process in 3 stages. Thus, at the first phase, large-node assembly of agricultural machinery is planned to be launched, the second period will see its industrial assembly, while the third step provides for the localization of production.
For these purposes, assembly lines and equipment of the Chinese corporation XCMG worth $ 4.3 million have been imported this year. Energy-saving technologies will help reduce costs and augment the competitiveness of goods. Imported spare parts will be replaced by home production, and localization will reach 51 percent in 2021. Currently, the enterprise employs 30 people, 60 more jobs are intended to be created in the near future.
The head of state examined the assembly and welding outfit installed at the factory, as well as localized equipment and spare parts.
“This plant has a great potential,” Shavkat Mirziyoyev suggested. “But we are barely using it to the fullest. Therefore, it is essential to deeply analyze what other goods can be produced here, what tools will need to be purchased from abroad in the coming years, and what cooperation it requires. The mill should develop into a base for the manufacturing industry in Khorezm.”
The President then was briefed about industrial goods produced in the Khorezm region.
