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LOCALIZATION IN AGRICULTURAL MACHINERY PRODUCTION WILL BE BROUGHT TO 45 PERCENT

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LOCALIZATION IN AGRICULTURAL MACHINERY PRODUCTION WILL BE BROUGHT TO 45 PERCENT

At a recent meeting under the chairmanship of the President on import issues, instructions were given on reducing import of agricultural machinery in 2018 by $160 million.

In this regard, “Uzagrotechsanoatholding” and the mechanical plant “Uzagrotechmash” were instructed to develop and ensure implementation of a separate program on bringing localization in production of agricultural machinery up to 45 percent by organizing production of transmissions, various housing parts and aggregates, within a month.

The Head of the state, at the meeting held on March 14, particularly touched upon the issue of financing in 2018 the delivery of 16 thousand units of agricultural machinery for a total amount of 3.2 trillion sums based on leasing and loans.

Currently, the Ministry of Finance allocated 1.5 trillion sums for supplying 5.8 thousand units of equipment. The need was indicated for allocating 1.7 trillion sums and, in particular, determining the financing sources for equipment delivery for 1.5 trillion sums on a leasing basis.

UzA