Siemens enters Uzbekistan market

TASHKENT (TCA) — Germany’s Siemens and the State Committee for Investments (SCI) of Uzbekistan have signed a Memorandum of Understanding, the first document to cover the most relevant issues of cooperation between the company and Uzbekistan in the areas of mutual interest, the Jahon information agency reported.

The SCI Chairman Azim Ahmedkhajayev and Siemens Director in Uzbekistan Iskander Buranov took part in the signing ceremony in Berlin.

“The parties expressed their intention to establish a strategic partnership in such areas as modernization of energy, industry, transport infrastructure, automation and security of buildings, digitalization of manufacturing sectors,” the Siemens press service reported.

The document provides for preparation of various scenarios for the development of energy in Uzbekistan with a clear focus on the introduction of innovative technologies, job creation, product localization and export opportunities. It is also planned to elaborate on an integrated program of Siemens energy equipment training for young engineers and graduates of specialized educational institutions.

With regard to digitalization of industry, the parties will study the feasibility of introduction of modern technologies at the enterprises of Uzbekistan that meet the concept of digital production.

The application of innovative solutions will touch upon the railway transport sector as well. It is planned to jointly develop projects on the creation of marshaling yards, as well as automation and electrification of the railway infrastructure in Uzbekistan.

Sergey Kwan