AUTOMOTIVE INDUSTRY IN UZBEKISTAN 1. Legal basis 2. Overview of investment programs in the automotive industry 3. The potential business interest of the investor
Legal basis Decree of the President of the Republic of Uzbekistan dated 27.10.2020 No. UP-6096 “On measures for accelerated reform of enterprises with state participation and privatization of state assets”
Decree of the President of the Republic of Uzbekistan dated 14.01.2019 No. UP-5630 “On measures to radically improve the management system of state assets, antimonopoly regulation and the capital market”
Decree of the President of the Republic of Uzbekistan dated 21.09.2018 No. UP-5544 “On approval of the Strategy of Innovative Development of the Republic of Uzbekistan for 2019-2021”
Resolution of the President of the Republic of Uzbekistan dated 16.06.2017 No. PP-3067 “On measures to further improve the procedures for the sale of state property”
Decree of the President of the Republic of Uzbekistan dated 01.06.2017 No. PP-3028 “On measures for further improvement of the management and the rapid development of the automotive industry for 2017-2021”
The decree of the President of the Republic of Uzbekistan dated 17.01.2017 No. UP-4933 “On measures to further simplify procedures and accelerate the implementation of the state property for use in business purposes”
Resolution of the President of the Republic of Uzbekistan dated 16.02.2011 No. PP-1478 “On measures for further development of production of heavy-duty vehicles”
Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated 07.08.2009 No. 224 “On the establishment of an enterprise with foreign investments LLC “JV MAN Auto – Uzbekistan” (In extracts)
Order of the Cabinet of Ministers of the Republic of Uzbekistan dated 21.02.2013 No. 79-f. On approval of the list of goods imported JV “JV MAN Auto-Uzbekistan” in the period from 1 January to 31 December 2013 and are exempt from customs duties (excluding charges for customs clearance)
Decree of the President of the Republic of Uzbekistan from 25.06.2020 No. PP-4757 “On measures for the implementation of the project organization in the Republic of Uzbekistan for the production of light commercial vehicles “Volkswagen”
Resolution of the President of the Republic of Uzbekistan dated 18.07.2019 No. PP-4397 “On additional measures for accelerated development of the automotive industry of the Republic of Uzbekistan”
Resolution of the President of the Republic of Uzbekistan dated 01.06.2017 No. PP-3028 “On measures for further improvement of management and accelerated development of the automotive industry for 2017-2021”
Resolution of the President of the Republic of Uzbekistan dated 13.06.2017 No. PP-3053 “On the establishment of an enterprise with foreign investments “Uzbekistan Peugeot Citroen Automotive”
Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated 23.08.2004 No. 405 “On measures to improve the management structure of the automotive industry” (In extracts)
Resolution of the President of the Republic of Uzbekistan dated 02.21.2008 No. PP-800 “On the establishment of an enterprise with foreign investments “General Motors Uzbekistan”
Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated 20.07.2015 No. 199 “On measures for organizing the production of aluminum parts by high-precision injection molding”
Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated 24.03.2015 No. 66 “On measures for the further development of the production of heavy-duty vehicles “MAN” (in extracts)
Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated December 29, 2020 No. 812 “On additional measures to support the rental and rental of motor vehicles, the use of electric vehicles and motor vehicles, as well as the development of cycling in the country”
Resolution of the Cabinet of Ministers of the Republic of Uzbekistan dated 31.01.2020 No. 55 “On measures to increase the localization of truck production and accelerate the attraction of investments in the automotive industry”
Overview of investment programs in the automotive industry Full-scale reforms have been initiated or are already taking place in a number of sectors of the economy of Uzbekistan. The automotive industry is no exception. The general trends of the reforms are aimed at attracting foreign investment, introducing international standards of corporate governance and gradually reducing the state share in the economy through privatization.
In order to improve the corporate governance system of the automotive industry, to ensure its sustainable development in conditions of fierce competition in foreign markets and liberalization of foreign exchange policy, to increase the production of competitive products and deepen the localization of production of organizations of which Uzavtosanoat is a participant (shareholder), in accordance with the Decree of the President of the Republic of Uzbekistan No. PP-3028 dated 01.06.2017, a number of measures were provided, including the adoption of an investment program. Thus, the investment program of JSC “Uzavtosanoat” for 2017-2021. It consists of three parameters:
development of new models of vehicles and equipment;
modernization, technical and technological re-equipment of the organizations of JSC “Uzavtosanoat”;
localization of automotive components and basic materials.
List of investment projects for the development of new models of vehicles and equipment:
List of investment projects for modernization, technical and technological re-equipment of organizations of JSC “Uzavtosanoat”:
List of investment projects for localization of automotive components and basic materials:
In 2021-2022, it is also planned to establish production of a number of passenger cars in cooperation with Manas Savunma AS (Turkey), Beijing Automotive Group and Hebei Changan Automile Co. Ltd (China), Hyundai Motors and Evergreen Motors (Korea). More details about this investment program can be found from the Decree of the President of the Republic of Uzbekistan No. PP-4937 dated 12.28.2020.
