Uzbekistan has relatively well developed industrial capacity thanks to massive support by the government for the past two decades
Fueled by local and foreign investments and tax preferential as well as sector programs new capacities have been set up
Industrial goods make appr.59% of GDP (2016)
+16.9% CAGR in 2012-2016
$37 billion worth goods produced annually
The structure of industrial goods are diverse
Having channeled multi-billion $ local and foreign investments the industry structure has changed over the years
Existing natural resources and labor potentials have been important factors in diversifying the industry
Food products and light industry (mainly cotton-related) share the largest portion of the industry
Fuel (oil & gas) and machinery (automotive) have grown substantially
Food processing
$7.7bn worth food goods produced annually
+28% CAGR for the past 5 years
Arable land and abundant raw food products – fruits, vegetables, live animals
Global companies currently doing business in food processing include Coca-Cola, Nestle, PepsiCo and Carlsberg
Local companies are seeking foreign investors and partners, as well as technology, technical expertise and export market access.
Light industry
$6bn worth light industry goods produced annually
+22.7% CAGR for the past 5 years
7th world’s largest cotton producer and 5th largest exporter
More than half is consumed domestically to produce semi-ready and ready textiles and garments
Some foreign-owned textile companies operating in the country are Daewoo Textile Fergana, Indorama Kokand Textile, Daewoo Bukhara Textile, JV Papfen, BF Textile Production
Local companies are seeking foreign investors and partners, as well as technology, technical expertise to produce value-add final textile goods and export market access
Fuel industry
$4.3bn worth fuel industry goods produced annually
+6.9% CAGR for the past 5 years
3rd largest natural gas producer in CIS, 8th in the world
Although the industry is state-monopolized, there are foreign energy companies such as GazProm and LUKOil (Russia), CNODC (China), KNOC and KOGAZ (S.Korea) and SASOL (South Africa),
State-owned company UzbekNefteGaz has a plan to implement 54 investment projects by 2019
Machinery
$4bn worth machinery goods produced annually
+6.3% CAGR for the past 5 years
2nd largest automotive industry in CIS (after Russia)
Key products are cars, buses and trucks, and their parts
Largest export items, mainly to Russia, Kazakhstan, Middle East and Africa
Foreign companies operating are General Motors (US), ISUZU (Japan), MAN (Germany)
