ISSUES AND PROSPECTS OF LOCALIZATION IN THE AUTOMOTIVE INDUSTRY OF UZBEKISTAN

Authors

  • Rustam Kobilov Shukhrat ugli Department of Localization and cooperation relations development Chief specialist, First deputy general director Auto Spring Components LLC https://orcid.org/0009-0008-1532-6878

Keywords:

Automotive industry, localization, free economic zone, special industrial zone, industrial assembly, “Uzavtosanoat”, “UzAuto Motors”, OEM, localization projects.

Abstract

Localization of components in the automotive industry makes it possible to reduce the cost of cars, rationally use local raw materials, create new production facilities and jobs, and increase the inflow of foreign investment into the county. All countries with an automotive industry in the world are interested in increasing the level of localization. There are a number of problems and risks, which are faced by any country or enterprise seeking to implement localization projects. Such difficulties include technological problems, financial risks, lack of qualified personnel, bureaucratic obstacles, etc. In this article, the automotive industry of our country, existing issues in the implementation of localization projects have been analyzed, and relevant proposals to solve these issues have been presented.

References

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Published

2024-11-01

How to Cite

Qobilov Rustam Shuxrat o‘g‘li. (2024). ISSUES AND PROSPECTS OF LOCALIZATION IN THE AUTOMOTIVE INDUSTRY OF UZBEKISTAN. Economics and Innovative Technologies, 12(5), 57–67. Retrieved from https://iqtisodiyot.tsue.uz/journal/index.php/iit/article/view/592

Issue

Section

Ишлаб чиқаришни модернизация қилиш ва иқтисодиётнинг етакчи тармоқларини ривожлантириш