Week 46 · 2026Monday, 09 November 2026
Business

Uzbekistan May Begin Producing ATMs

Uzbekistan will explore the possibility of establishing ATM production: during a meeting with President Shavkat Mirziyoyev, the task was set to assess demand, attract technologies, and investors.

09 Nov, 16:19Read in Russian
Фото: Google Ai Studio

Last year, the country purchased 9,000 ATMs, importing them at a cost of over 50 million dollars. The demand for such devices is expected to grow as the number of shopping and entertainment complexes and new residential areas increases.

To potentially launch local production, the authorities have been instructed to calculate the needs of the domestic market, attract the necessary technologies and investors, and explore available options for organizing ATM production.

During the meeting with representatives of the electrical engineering sector, entrepreneurs, and investors, other areas for production development were also outlined. In Tashkent Region, the focus is on thin copper foil for batteries and electronics; in Jizzakh Region, on inverters and charging devices for electric vehicles.

In Namangan Region, the production of energy-efficient electric motors for water pumps may be established. In Karakalpakstan, the possibility of producing uninterruptible power supply and cooling systems for server equipment is being considered.

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