As a result of structural transformations and the created conditions in the industry, over the past five years, production in these three industries has increased 2.6 times, and their share in the industry has reached 7 percent. The production of new products of 231 types has also been mastered. Exports amounted to $1.6 billion.

This year alone, 39 electrical enterprises worth $163 million were launched, 17 enterprises worth $70 million were launched in the chemical industry, and 57 enterprises worth $87 million were launched in the pharmaceutical industry.

However, there is still a lot of untapped potential in these industries. The saturation of the domestic market with domestic products does not reach 50 percent in electrical engineering, 40 percent in the chemical industry, and 18 percent in pharmaceuticals.

The zones and opportunities for industrial cooperation created in the regions are not used enough. Industrial equipment worth $85 million, imported for 116 enterprises, has not been implemented. 727 enterprises are not operating at total capacity.

Existing shortcomings were critically analyzed at the meeting, and urgent tasks were identified.

“Hokimiyats need to work in close connection with industries, diversify the regional economy, and increase the number of projects. Only then will there be economic growth, jobs, and budget revenues”, Shavkat Mirziyoyev said.

Next year, it is planned to launch 24 large projects worth $12 billion 700 million in the three industries under consideration. These include expanding the production capacity of polyvinyl chloride at Navoiazot and soda ash in Kungrad, producing olefin from methanol in Karakul, and manufacturing metal sheets for household appliances and cars in Samarkand.

The Head of state emphasized the importance of involving local enterprises in the supply of construction materials and equipment necessary for the implementation of projects.

Also, industries and regions together generated 190 medium and small projects worth $2.1 billion in electrical engineering, 139 projects worth $3.8 billion in chemicals, and 110 medium and small projects worth $1.5 billion in pharmaceuticals. At the meeting, the President got acquainted with their production capacity, product range, and the number of jobs being created and gave instructions on accelerating project implementation and increasing efficiency.

Responsible persons reported on the progress of projects already being implemented and the interaction system between regions and industries.