President Mirziyoyev Reviews Plans to Develop Chemical Industry and Boost Exports
President Mirziyoyev Reviews Plans to Develop Chemical Industry and Boost Exports
Tashkent, Uzbekistan (UzDaily.com) — On 3 December, President of the Republic of Uzbekistan Shavkat Mirziyoyev reviewed a presentation on increasing production and exports, as well as reducing production costs in the chemical industry.
Uzbekistan has adopted a targeted strategy for the accelerated development and digitalization of the chemical sector. By 2030, the plan is to at least double production volumes, increase the output of mineral fertilizers by 1.5 times, and raise exports to US$1 billion.
Currently, 21 major projects worth a total of US$1 billion are being implemented, with initiatives prepared for additional projects totaling US$4.5 billion over the next three years.
The presentation highlighted that some production capacities at large enterprises are outdated, leading to high energy costs and reduced competitiveness. For instance, in nitrogen fertilizer production, energy accounts for up to 55% of total costs. To improve efficiency, energy-saving technologies and process digitalization are necessary.
It was noted that global demand for chemical products is growing rapidly. Despite high demand from neighboring countries (around US$1 billion) and favorable logistics conditions, Uzbekistan’s export potential remains underutilized.
Further processing of domestic raw materials is expected to enable new product lines and at least double export volumes. In 2025, projects producing “green” mineral fertilizers, cyanide salts, potassium xanthogenate, potassium sulfate, and other high value-added products were launched in Tashkent, Navoiy, and Jizzakh regions. The development of a strategy to increase exports of these new products is already considered a priority.
For 2026, the goal is to harvest 4.5 million tons of cotton. The President instructed authorities to ensure sufficient stocks of phosphate fertilizers, timely delivery of sulfuric acid to fertilizer producers, and the provision of preferential loans to farmers for purchasing fertilizers.
The President emphasized that the chemical industry is a strategic sector of the national economy and issued specific instructions to ensure a stable domestic supply, enhance the export potential of the sector, and create new jobs.
#Shavkat Mirziyoyev