This year's automobile output in Uzbekistan is expected to reach 460,000 units by the end of 2024, with plans to expand the annual production figure to 1mn units by 2030 as according to the presidential press service.

In recent years, the country's automobile industry has experienced rapid growth, with production nearly tripling. To reduce monopolies and foster competition in the sector, two new private enterprises and prestigious foreign brands have been introduced. 

Today, more than 20 factories across Uzbekistan produce a variety of cars, trucks and passenger vehicles. This expansion has created demand for spare parts, with over 300 enterprises forming a cooperative network to supply the required components.

President Shavkat Mirziyoyev recently visited the Uzbek-Singaporean automotive components joint venture Technologies of Real Time, located in Zangiata district of Tashkent region.

Technologies of Real Time incorporates equipment from China, Russia, the Republic of Korea, Japan and the US. Its plant produces over 750 types of spare parts for 118 different car brands, including components for chassis, transmission and control systems.

The company employs 220 workers, offering specialised training courses through its mono-centre, which ensures skilled labour for its production needs. 

It supplies products across Uzbekistan, including 773,000 spare parts for Damas and Labo cars to the UzAuto Motors plant in Khorezm region.

A laboratory has also been established at the facility for the technical inspection and testing of automotive spare parts, ensuring that the company meets international quality standards such as IATF 16949:2016, ISO 9001:2015, and ISO 45001:2020.

Thanks to the certifications, Technologies of Real Time has expanded its reach beyond Uzbekistan. In 2023, the company exported over $2mn worth of spare parts to Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, Russia, Ukraine and the UAE. 

At the company, Mirziyoyev was presented with future plans, including a $1.15mn investment project set for 2025.

This project is said to focus on producing spare parts for new automobile brands such as China's BYD, Chery, Changan, Geely and Dongfeng, and will expand the company’s production capacity from 180,000 to 280,000 units and create 43 jobs.