President briefed on chemical industry development projects in Uzbekistan

Tashkent, Uzbekistan (UzDaily.com) — President Shavkat Mirziyoyev has been presented with a package of promising projects aimed at further development of Uzbekistan’s chemical industry, focusing on modernization, increased investment inflows, and expansion of export potential.

It was reported that the Chirchik Chemical-Industrial Technopark, established under a presidential decree dated 3 February 2022, has become one of the key platforms for deep chemical processing and the introduction of modern technologies. A total of US$25 million has been invested in engineering and infrastructure development across the 26.4-hectare site.

According to the presentation, in 2025 alone, US$56 million in investments were absorbed in the technopark, 758 new jobs were created, and enterprises produced more than 150 types of products worth US$60 million.

By 2030, it is planned to increase total investments to US$207 million, raise industrial output to US$294 million, expand exports to US$48 million, and increase employment to 2,300 jobs.

Officials also reviewed ongoing and future development directions for the chemical sector. Despite annual production of 3.7 million tons of mineral fertilizers, the country remains dependent on imports of phosphate and water-soluble fertilizers, indicating the need for further modernization. In this regard, investment projects worth US$2.8 billion have been developed.

In the petrochemical segment, domestic demand for polymers is expected to reach 3.2 million tons by 2032. Projects involving coal-to-olefins production in Angren and oil refining in Kungrad are seen as key measures to reduce imports and strengthen domestic supply.

Special attention was also given to the household chemicals sector. Through ongoing investment projects, Uzbekistan aims to halve imports, increase the share of domestic products in internal consumption to 64%, and boost export deliveries.