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NEWS AND EVENTS
July 26, 2013
Uzbek enterprises directs US$104.1m to modernize capacities
Large enterprises of Uzbekistan replaced 1,721 units of old equipment for US$104.1 million in the first half of 2013 to improve competitiveness of industries, the publication of the Ministry of Economy and the State Statistics Committee of Uzbekistan. Due to introduction of modern energy and resource saving technologies, rationalization of technologic processes and norms on using raw materials, eliminating losses at production process, the large enterprises cut the prime cost by 10.4%.

The commercial banks issues loans for 1.43 billion soums (Currency rates of CB from 26.07.2013 1$=2104.62 soums) to producers to stimulate production of consumer goods via purchase of modern equipment and increase of turnover capital in the reporting period, which grew by 1.3 times year-on-year. In the result, production of consumer goods grew by 14.4%, food products by 7.9% and non-food products 19.8%.

Uzbekistan increased production of TV-sets, energy-saving lamps, butter, edible oil, dairy products, etc.

Enterprises of the light industry launched production of 32 new types and 58 new models of garment and knitted goods.

(Source: Uzdaily.com)


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