Why Uzbekistan

UzXCMG

UzXCMG

Established in 2014 in Urgench, Khorezm region, UzXCMG produces excavators and other construction machinery. As reported in June 2026, XCMG HK International Corporation Development Company Limited held 50.9% of the company, while Uzbekistan’s State Assets Management Agency held 49.1%.

The enterprise’s development has included investment in its manufacturing facilities. An official report published in December 2020 confirmed that XCMG assembly lines and equipment worth $4.3 million had been imported that year for the plant’s modernisation. This figure represents the reported equipment imports in 2020, rather than the company’s total investment since establishment.

On 21 October 2024, UzXCMG marked its tenth anniversary with the production of its 3,000th machine. The anniversary event also included the signing of a contract for 100 wheeled excavators, providing evidence of further commercial demand for its products.

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