TASHKENT, Uzbekistan, May 5. President Shavkat
Mirziyoyev has held a meeting on measures to enhance the
sustainability of industrial enterprises and address issues
affecting business performance, Trend reports via the press office of the Uzbek
President.
The presentation, held on May 5, focused on an assessment of
enterprises across sectors such as textiles, construction, food
processing, petrochemicals, electrical engineering, and others that
are currently operating below full capacity or have experienced
declining revenues.
Shortages of working capital, access to utilities
infrastructure, delays in project implementation, outdated
equipment, disruptions in supply chains, and weakening demand were
noted as noted as key challenges.
According to estimates, restoring full production capacity at
such enterprises could generate an additional 65.6 trillion soums
($5.5 billion) in output and exports.
In this regard, a new system will be introduced to individually
assess the condition of each enterprise and ensure full utilization
of production capacities. A Republican headquarters will be
established with the participation of relevant agencies and
banks.
The headquarters will conduct on-site inspections within two
weeks to identify constraints affecting enterprise operations and
take immediate measures to address them, including support for
credit financing, working capital provision, infrastructure access,
and raw material supply for viable enterprises.
