$30 billion in investments to be attracted to geology and mining by 2030

$30 billion in investments to be attracted to geology and mining by 2030

The President reviewed a presentation on the introduction of digital and artificial intelligence technologies in the mining and geology sectors. It was noted that in 2025, 20 percent of the total industrial output was accounted for by enterprises in this sector, which brought 118.5 trillion soums to the budget. Also, last year, 7.3 trillion soums were saved in operating costs at large mining enterprises, and the cost of products decreased by 9.1 percent. The “Geomonitoring” information system was also introduced, and data on more than 2,000 mining sites was digitized.

At the meeting, it was noted that artificial intelligence technologies allow for rapid analysis of geological data, forecasting of minerals, accurate calculation of reserves, and increasing drilling efficiency. To this end, it is planned to introduce AI technologies at all stages of geological exploration.

It was also noted that by 2030, the goal is to attract more than $30 billion in investment in geology and the mining industry, and first of all, the need to form a high-quality and reliable digital database that investors demand was noted. In this process, a “Technological Transformation Center” will be created,
and more than 36 thousand reports and primary data will be digitized. As a result, the process of modeling deposits and calculating reserves will be twice as fast.

The presentation announced plans for the implementation of 44 projects in the field of geology and the introduction of artificial intelligence and digital technologies in “Navoi KMK”, “Almalyk KMK”, “Navoiyuran”, “Uzmetkombinat”, “Uzbekkumir” and “Uzbekistan Technological Metals Combine” in 2026-2030.

Shavkat Mirziyoyev instructed officials to approve separate programs for technological and artificial intelligence projects and include measures aimed at increasing production efficiency in business plans.