Uzbekistan is actively developing its copper industry as a strategic driver of economic growth. In accordance with Presidential Decree PQ-5159 (June 24, 2021), the country is creating a Copper Industry Cluster aimed at building a full-cycle value chain — "from raw material to finished product."

The cluster focuses on deep processing of copper, with a goal to process up to 80% of produced copper into high value-added products such as cables, pipes, fittings, copper powders, spare parts for electric vehicles, and components for renewable energy systems.

The Almalyk Mining and Metallurgical Complex (AGMK) plays a central role, producing 148,000 tons of copper cathode annually, with plans to significantly expand output. Within the cluster framework, efforts are underway to support the production of mining and metallurgical machinery, chemical products, and to develop specialized education and R&D activities.

Uzbekistan invites interested companies and investors to participate as members of the Copper Industry Cluster, offering opportunities across production, innovation, and technological development.

Uzbekistan offers competitive infrastructure costs, making it an attractive location for manufacturing investments. Key costs include:

- Gas: 12 cents per m³

- Electricity: 7 cents per kWh

- Water: 20 cents per m³

Uzbekistan offers a skilled and cost-effective labor force, ideal for the manufacturing sector. In this field the country has:

- 24 higher education institutions

- 32 faculties

- 4 000 graduates annually

GSP+ agreement allows to export to EU at reduced or zero tariff for 6 200 products. CIS Free Trade Agreement creates more integrated and open market with CIS countries.

Investors in Free Economic Zones (FEZs) can benefit from tax exemptions on land, property, water, and corporate income tax (CIT).

3 years: for investments between 0.3 - 3 million USD

5 years: for investments between 3 - 5 million USD

7 years: for investments between 5 - 10 million USD

10 years: for investments over 10 million USD