Navoi Mining and Metallurgical Company is making significant strides with its localization program aimed at reducing imports and boosting local manufacturing. Since 2000, the program has focused on producing in-house and domestically made components to meet the company’s needs, promoting cross-industry cooperation.

Key highlights:

– In the past 3 years, NMMC produced localized supplies worth $131.9M and procured $1.17B in industrial goods for its operations.

– For 2024, NMMC has already completed 68% of its $74.6M production plan, a 142.4% increase YoY.

– From Jan-Aug 2024, $362.7M worth of import-substituting products were purchased from local manufacturers—a 122.6% YoY rise.

– The innovative “towing” program, the first of its kind in Uzbekistan, has produced 1,400 types of industrial goods valued at $115.4M by supporting local enterprises.

Looking ahead, NMMC is set to increase localized production by 113% through 185 projects and raise the localization level to 65% by 2030, driving sustainable growth in Uzbekistan.

The Press Service of the Company