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Uzbekistan to increase competitiveness of export products

Business Materials 16 February 2009 21:41 (UTC +04:00)

Uzbekistan, Tashkent, Feb. 16/ Trend T. Zhukov/ Uzbek President Islam Karimov signed a decree on additional actions to increase competitiveness of local products, the Uzbek Cabinet of Ministers said.

"The biggest industrial enterprises, economic unions together with the Ministry of Economy and the Ministry of Finance worked out complex actions to reduce the prime cost of industrial production, the decree says. The prime cost of Uzbek industrial products is planned to be reduced due to rationalization of technological processes and consumption norms of raw materials, material and energy resources, and increase of capacity use and growth of productivity of labor." The list of actions also includes reducing exploitation and overheads, cost of purchased raw materials, materials, accessories, optimization of personnel number.

Special working groups headed by heads of departments and economic unions are in charge of reducing products' prime cost at large industrial enterprises.

Prime cost is planned to be reduced by 20 percent on average at oil and gas, coal, energy and metallurgical enterprises, 13.7 percent at chemical enterprises, 3.5 percent at car assembly plant, the Uzbek government said. Prime cost is planned to be reduced by 20.1 percent at the biggest Tashkent tractor plant and Tashkent air aircraft building union.

The united list of enterprises approved by the Uzbek President also includes Navoi mining and smelting enterprise (reduction of prime cost by 20.1 percent), Alamlik mining and smelting enterprise (22.5 percent), Uzbekistan State Railway Company (20.2 percent), Uzbekistan Airline (20.1 percent).

Prime cost is planned to be reduced by 20 and 20.8 percent accordingly at cotton-cleaning and flour-grinding enterprises, the Uzbek government told trend Capital.

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