ORGANIZED INDUSTRIAL ZONE AND FREE ZONE INTRODUCTION 19.03.2013.
Free Industrial Economic Zone “Navoi”
description
Transcript of Free Industrial Economic Zone “Navoi”
Free Industrial Economic Zone “Navoi”
Enhanced arena for foreign business success in the region
Djasur TadjievHead of Department for attraction of foreign investmentsMinistry for Foreign Economic Relations, Investments and TradeRepublic of Uzbekistan
Creation
FIEZ “Navoi” was created by the Decree of the President of the Republic of Uzbekistan on December 2, 2008.
Established near Navoi city administrative centre of Navoi region
The concept is based on the synergy of its 4 blocks or hubs:
- industrial - logistic - innovation - touristic, cultural & recreational
Telecommunication equipment
Plastics goods and polymers
Machinery, equipment and components
Electro technical products
Pharmaceuticals and medical goods
Food processing and packaging
Profile
Location
Territory - 564 ha
Capitals of 10 states with 100 million people within a radius of 2 thousand km from FIEZ
Access to markets
Competitiveness edges
Intellectual Potential
Labor Force
AbundantResources
CompetitiveResource
Prices
Developed Industrial
EnvironmentTransport
Hub
FIEZ Navoi
Existing railways
Existing highways
Approach line to gasoline storage
Approach line to air terminal
Approach line to FIEZ “Navoi”
Notation Conventions
Transport infrastructure
ParkingParking TIR - parkTIR - park
Production site
Logistic center
Service facilities
Administrative and finance zone
Public centers, park zones
Automobile roads
Approach railway line
Area: 564.0 haPerimeter: 9,600 m
Notations:FIEZ Layout
Life environment
Area of public centers and park
zones in the FIEZ:35 ha
Area for residential and recreational area outside the FIEZ: 100 ha
Development of vacant territories in the FIEZ “Navoi”
area
Unprecedented tax exemptions
Depending on the amount of direct investments FIEZ residents are exempted from:
Land tax
Property tax
Profit (income) tax
Unified tax (for SMEs)
Obligatory payments to the Republican Road Fund
Republican Fund of Elementary and Secondary Education
Unprecedented tax exemptions
Period of privileges and incentives:
7 years, if amount of direct investments is 3-10 mln. Euro
10 years, if amount of direct investments is 10-30 mln. Euro, and 50% reduction of profit tax for the following 5 years
15 years, if amount of direct investments is more than 30 mln. Euro,
and 50% reduction of profit tax for the following 10 years
Unprecedented customs exemptions
Registered enterprises for the whole period of FIEZ functioning to produce export goods are exempted from customs duties for imported:
Equipment
Raw materials
Production components
Ready to allocate new projects Regulatory legal basis adopted Administrative governance system set External infrastructure facilities ready Internal infrastructure facilities being finished
Establishment progress
FIEZ “Navoi” has already started to attract investments.
Y. 2009
As results of March 5, 2009 conference in Seoul and other events regarding investing in FIEZ “Navoi” 20 projects are already under
the process of realization.
pharmaceuticals
technical silicon
energy-efficient lamps
home appliances
equipment for gasoline engines
automobile wires OEM components for cars
FDI inflow prospects
FDI inflow prospects
Foreign investments inflow up to USD 5.5 bln. (100 - 120 projects)
Production outlook: USD 7.5 - 8 bln.
Export: up to USD 5.0 bln.
We invite companies for realization of investment projects in FIEZ Navoi.
And also for partnership in establishment and general management of FIEZ Navoi.
Thank you for attention!
Tashkent
September 2009