Uzbekistan to direct over $1.1 bln to replace obsolete industrial equipment
Uzbekistan, Tashkent, May 1 / Trend D. Azizov /
The Uzbek Cabinet of Ministers has issued a decree according to which about 30 percent of the equipment operated at the country's enterprises should be replaced in 2012.
"As a result of a technical audit of process equipment at the 418 largest industrial enterprises included in ministries and unions, 161,400 units of equipment were inspected, of which 30 percent need to be updated or decommissioned," the decree says.
In total 48,370 units of equipment were found to require an update or decommissioning, including by reason of complete physical deterioration - 26, 320 units, obsolescence - 13,590, non-compliance with energy efficiency - 3,310, non-compliance with requirements of environmental and technical safety - 254 units, for other reasons - 4,890 units.
The decree approved to improve the situation of target parameters for decommissioning and upgrade of obsolete equipment with its replacement by a modern, proven on a global level.
In total, in 2012-2014 it is planned to replace 16,678 units of equipment with estimated value of $ 1.127 billion, including this year - 5,601 units, over the next two years - 11,077 units.
It is planned to buy 12,679 units of new equipment worth $900.845 million and replace some 3,999 units of equipment worth $ 225.737 million.
According to the calculations of the Government, this year the industrial enterprises will direct to replacement equipment about $ 255 million, in 2013 - $ 388.9 million, in 2014 - $ 481.9 million.
Commercial banks are recommended to issue long-term loans to industrial enterprises to purchase new equipment to replace obsolete.
According to a government decision, written off machinery and equipment will be implemented on a mandatory basis in the form of ferrous and nonferrous metals by only units of Uzmetcombinat and Tashkent plant for processing non-ferrous scrap metals.