Uzavtosanoat targets one million jobs and localization by 2030

Chairman Ulugbek Rozikulov detailed the company's plans during an interview with Uzbekistan 24, following a presentation to President Shavkat Mirziyoyev on December 5.

The company aims to cut annual imports by $500 million through an extensive localization program. Rozikulov explained that Uzavtosanoat has formed 16 working groups to evaluate the capabilities of 1,299 enterprises across Uzbekistan. As a result, 79 companies have been identified as ready to produce approximately $162 million worth of import-substituting components annually.

The company is also exploring partnerships with private suppliers through offtake agreements, which guarantee the purchase of products yet to be manufactured. "Working with local enterprises will significantly reduce our reliance on imports and build trust among private sector suppliers," Rozikulov said.

The strategy aligns with the government’s directive to make the automotive industry a major driver of job creation. The initiative involves expanding production facilities, localizing supply chains, and enhancing service infrastructure across the country. According to Rozikulov, this integrated approach could generate one million direct and indirect jobs within the automotive sector by 2030.

In addition, the company plans to reduce production costs by 2.5 trillion UZS as part of its cost-efficiency measures.

To adapt to evolving market demands and global competition, Uzavtosanoat has engaged the Boston Consulting Group (BCG) to develop a comprehensive development strategy through 2030. Rozikulov noted that the strategy will include recommendations for modernizing trade systems, optimizing operational processes, and preparing for intensified competition following Uzbekistan’s potential accession to the World Trade Organization (WTO).

Rozikulov emphasized that despite significant government support, untapped potential remains in the automotive industry. "We must leverage the resources and opportunities available to us to strengthen our contribution to Uzbekistan's economic development," he said.