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Free Industrial Economic Zone “Navoi” Enhanced arena for foreign business success in the region Djasur Tadjiev Head of Department for attraction of foreign investments Ministry for Foreign Economic Relations, Investments and Trade

Free Industrial Economic Zone “Navoi”

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Free Industrial Economic Zone “Navoi”. Enhanced arena for foreign business success in the region. Djasur Tadjiev Head of Department for attraction of foreign investments Ministry for Foreign Economic Relations, Investments and Trade Republic of Uzbekistan. Creation. - PowerPoint PPT Presentation

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Page 1: 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

Page 2: Free Industrial Economic Zone “Navoi”

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

Page 3: Free Industrial Economic Zone “Navoi”

Telecommunication equipment

Plastics goods and polymers

Machinery, equipment and components

Electro technical products

Pharmaceuticals and medical goods

Food processing and packaging

Profile

Page 4: Free Industrial Economic Zone “Navoi”

Location

Territory - 564 ha

Capitals of 10 states with 100 million people within a radius of 2 thousand km from FIEZ

Page 5: Free Industrial Economic Zone “Navoi”

Access to markets

Page 6: Free Industrial Economic Zone “Navoi”

Competitiveness edges

Intellectual Potential

Labor Force

AbundantResources

CompetitiveResource

Prices

Developed Industrial

EnvironmentTransport

Hub

FIEZ Navoi

Page 7: Free Industrial Economic Zone “Navoi”

Existing railways

Existing highways

Approach line to gasoline storage

Approach line to air terminal

Approach line to FIEZ “Navoi”

Notation Conventions

Transport infrastructure

Page 8: Free Industrial Economic Zone “Navoi”

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

Page 9: Free Industrial Economic Zone “Navoi”

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

Page 10: Free Industrial Economic Zone “Navoi”

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

Page 11: Free Industrial Economic Zone “Navoi”

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

Page 12: Free Industrial Economic Zone “Navoi”

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

Page 13: Free Industrial Economic Zone “Navoi”

Ready to allocate new projects Regulatory legal basis adopted Administrative governance system set External infrastructure facilities ready Internal infrastructure facilities being finished

Establishment progress

Page 14: Free Industrial Economic Zone “Navoi”

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

Page 15: Free Industrial Economic Zone “Navoi”

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.

Page 16: Free Industrial Economic Zone “Navoi”

We invite companies for realization of investment projects in FIEZ Navoi.

And also for partnership in establishment and general management of FIEZ Navoi.

Page 17: Free Industrial Economic Zone “Navoi”

Thank you for attention!

Tashkent

September 2009