PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of October 12, 2023 No. UP-169

About additional measures for the accelerated development of the industry and its key branches

For the purpose of expansion of production of finished competitive products by the accelerated development in the country of the high-technology directions of the industry, broad attraction of private investments, increases in the income of the population due to creation of new production capacities in regions, and also implementations of the management system based on the advanced international standards in large industrial industries:

1. Determine that tasks and functions on implementation of the state industrial policy and development of key branches of the industry are assigned to the Ministry of Economics and finance.

At the same time the Ministry of investments, industry and trade is responsible for questions of production in industries of the local industry, investments, export, localization and development of industrial zones.

2. Determine the main objectives of the Ministry of Economics and finance by industry development:

implementation of single industrial policy and implementation of modern development mechanisms of its industries;

determination of the directions stimulating development of the industry taking into account availability of natural raw materials, manpower and "relative benefits" of regions and also coordination of their realization;

development of key branches, including oil and gas, energy, chemical, mining, mechanical engineering industry, increase in their competitiveness, implementation of diversification, development of strategy and programs of their reforming;

ensuring pro rata resource allocation on industries and regions, and also the balanced development of infrastructure;

together with the relevant ministries forming and monitoring of balance of production and consumption of energy resources, valuable and non-ferrous metals, other strategic resources, and also optimum placement of production forces;

coordination of measures for use of modern mechanisms and approaches in case of performance improvement of work, economy of energy and other production resources, decrease in product cost and increase in operating efficiency in industries;

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