Over 30 billion dollars in investments will be attracted to Uzbekistan's geology and mining industry by 2030.

President Shavkat Mirziyoyev was informed during a presentation on the introduction of digital and artificial intelligence technologies in the mining industry and geology that the goal is to attract over 30 billion dollars in investment into the sector by 2030, as reported.

 

It was noted that forming a high-quality and reliable digital database of geological data is crucial for attracting investors. To this end, the creation of a National Geological Data Base was proposed. As part of the process, a "Technological Transformation Center" will be established, and over 36,000 geological reports and primary data will be converted into digital format.

 

According to officials' calculations, this will accelerate the processes of forming geological data, modeling deposits, and calculating reserves twofold.

 

During the presentation, it was announced that 44 projects are planned for implementation between 2026 and 2030, aimed at introducing artificial intelligence and digital technologies in the geology sector and major industrial enterprises — the Navoi Mining and Metallurgical Combine, Almalyk Mining and Metallurgical Combine, Navoiuran, Uzmetkombinat, Uzbekkumir, and the Uzbekistan Technological Metals Combine.

 

The projects cover five main areas: automation of production processes, digitalization of corporate management, introduction of artificial intelligence technologies, ensuring labor and industrial safety, and digital transformation of mining and geological operations.

 

According to data, these initiatives are expected to increase operational efficiency by 7%, reliability of machinery and equipment by 20%, and energy efficiency by 8%. 

 

Additionally, there is potential to reduce human-related errors and risks by 15%.

 

The presentation also emphasized the need to patent the technological solutions being developed. 

 

In conclusion, officials were tasked with incorporating measures aimed at improving production and labor resource efficiency into the business plans of mining industry enterprises, and with continuously approving separate programs for technological and artificial intelligence projects.