Uzbekistan is developing an industrial strategy through 2035
At a forum featuring the government, McKinsey, and international organizations, priorities for industrial development, investments, and export expansion were discussed.
Uzbekistan is developing an industrial strategy until 2035
A forum dedicated to the preparation of the concept for the country's industrial strategy until 2035 was held in Uzbekistan.
Participants discussed long-term development priorities for the industry, boosting the competitiveness of enterprises, and expanding industrial production. This was reported by the press service of the Ministry of Economy and Finance of Uzbekistan.
The forum took place on November 2, 2026, with the participation of Deputy Prime Minister — Minister of Economy and Finance Jamshid Kuchkarov, McKinsey & Company Global Managing Partner Bob Sternfels, as well as experts from the World Bank, the International Finance Corporation, and other international organizations.
Representatives of government agencies, the industrial sector, and the business community also attended the event.
The main topic of discussion was the concept of the industrial strategy until 2035. Participants examined approaches to increasing production efficiency, boosting the output of high value-added products, and making fuller use of the country's economic potential.
During panel discussions, global trends in industrial development and international experience were examined.
Special attention was paid to opportunities and potential barriers for Uzbekistan, including issues of attracting investments and major international investors, integration into global value chains, expanding export potential, and modernizing existing production facilities.
Thematic sessions were devoted to specific industrial sectors and related industries. Among them were the mining industry and deep processing of raw materials, mechanical engineering, the automotive industry, and the production of consumer goods.
Participants also discussed workforce training, the development of energy, transport, and infrastructure, as well as the improvement of investment activities. Representatives of the relevant sectors presented proposals for further development, highlighted existing obstacles, and identified challenges that require solutions.
Following the forum, the discussion of the industrial strategy concept will continue, taking into account the proposals presented.
The event served as a platform for exchanging views on defining Uzbekistan's long-term industrial development priorities.