Mirziyoyev Sets Target of at Least 10% Economic Growth for Andijan in 2027
Uzbekistan
President Shavkat Mirziyoyev chaired a meeting on the socio-economic development of Andijan Region, support for entrepreneurship and measures to raise household incomes. For 2027, the region has been tasked with achieving economic growth of at least 10%, attracting $5 billion in investment and increasing exports to $1.5 billion.
In the first half of this year, the regional economy grew by 8.8%, industrial output by 9.2%, services by 16.1% and investment by 8.9%. “What matters to us is not the growth figures themselves, but what changes each indicator has brought to the daily lives of individual families,” the President said.
Over the past decade, 20 trillion soums has been allocated to the region from the republican budget, while banks have directed 90 trillion soums to support entrepreneurship. This year alone, 6 trillion soums has been allocated to improving household welfare.
The meeting focused not only on investment volumes but also on their quality and economic impact. The 1,000 hectares recently allocated in Andijan for industry and entrepreneurship are expected to attract $7 billion in investment and create at least 70,000 high-income jobs. At the same time, officials noted that the planned $3.5 billion in investment for this year is not yet sufficiently diversified by country or sector.
Building on Asaka’s 30 years of experience in automotive and mechanical engineering, the region has been tasked with moving toward the development of its own technologies. This includes establishing the “Asaka Engineering Valley” and creating a chain covering software development, electronics, electromechanics and engineering services. Around 10,000 students are studying these fields in the region, and research and development centers are expected to help turn their ideas into finished products.
In textiles, the region plans to attract European designers, engineers and brands and shift toward higher-value products, with the potential to raise exports above $1.5 billion. Investment performance will now be assessed by the added value generated per square meter.
Following the experience of Karakalpakstan, project manager positions will be introduced in the other 13 regions. In Andijan, the project manager will be responsible for developing a new investment model, with each district’s industrial, services and agricultural potential assessed using artificial intelligence.
Expansion projects will be prepared for 104 companies with annual turnover above 100 billion soums, with the aim of creating 20,000–30,000 additional jobs. Four companies with turnover exceeding 1 trillion soums will undergo technological modernization to increase added value by 40–50%.
Over the past decade, 20 trillion soums has been allocated to the region from the republican budget, while banks have directed 90 trillion soums to support entrepreneurship. This year alone, 6 trillion soums has been allocated to improving household welfare.
The meeting focused not only on investment volumes but also on their quality and economic impact. The 1,000 hectares recently allocated in Andijan for industry and entrepreneurship are expected to attract $7 billion in investment and create at least 70,000 high-income jobs. At the same time, officials noted that the planned $3.5 billion in investment for this year is not yet sufficiently diversified by country or sector.
Building on Asaka’s 30 years of experience in automotive and mechanical engineering, the region has been tasked with moving toward the development of its own technologies. This includes establishing the “Asaka Engineering Valley” and creating a chain covering software development, electronics, electromechanics and engineering services. Around 10,000 students are studying these fields in the region, and research and development centers are expected to help turn their ideas into finished products.
In textiles, the region plans to attract European designers, engineers and brands and shift toward higher-value products, with the potential to raise exports above $1.5 billion. Investment performance will now be assessed by the added value generated per square meter.
Following the experience of Karakalpakstan, project manager positions will be introduced in the other 13 regions. In Andijan, the project manager will be responsible for developing a new investment model, with each district’s industrial, services and agricultural potential assessed using artificial intelligence.
Expansion projects will be prepared for 104 companies with annual turnover above 100 billion soums, with the aim of creating 20,000–30,000 additional jobs. Four companies with turnover exceeding 1 trillion soums will undergo technological modernization to increase added value by 40–50%.
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