The key facts

  • In 2025, Uzbekistan imported 9,000 ATMs worth over $50 million
  • Instructed to calculate demand and study the possibility of local ATM production with the involvement of technologies and investors
  • New manufacturing is being considered in Tashkent region, Jizzakh, Namangan and Karakalpakstan

What was discussed at the meeting

On November 9, President Shavkat Mirziyoyev held a meeting with representatives of the electrical engineering industry, entrepreneurs and investors. The course of the discussion was reported by the press secretary of the head of state. As noted at the meeting, the demand for ATMs is growing every year as new residential areas, shopping and entertainment complexes are built. In the past year alone, 2025, 9,000 ATMs worth over $50 million were imported into the country.

The task set

Following the discussion, Mirziyoyev instructed to calculate domestic demand for ATMs, attract the necessary technologies and investors, and also study the possibility of organizing their production within Uzbekistan. For now, this is only about studying prospects: sources do not report any decisions made, timelines or specific sites. For banks and payment infrastructure, this means a potential shift from an entirely imported fleet of devices to locally produced ones, but practical changes will only become possible after the project is implemented.

Other areas in the regions

In addition to ATMs, the meeting named opportunities for localizing other high-tech products: in Tashkent region — thin copper foil for batteries and electronics; in Jizzakh — inverters and chargers for electric vehicles; in Namangan — energy-efficient electric motors for water pumps; in Karakalpakstan — uninterruptible power supplies and cooling systems for servers.

Context of the meeting: energy storage and video surveillance

According to Kun.uz, the president emphasized that the industry's task is not simply to increase production capacity, but to achieve a 'big technological leap.' By 2030, the country plans to bring energy storage capacity to 4.5 gigawatts; foreign partners are ready to use local products in these projects, but some of the necessary equipment is not yet produced in Uzbekistan. Growing demand for video surveillance equipment was also noted: domestic annual demand is estimated at $200 million, and taking into account the markets of neighboring countries — more than $600 million. Currently, Digital Security in Bukhara and Samvision in Samarkand produce 2,000 cameras per year each using their own software.