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Free Industrial Economic Zone Navoi

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Title: Free Industrial Economic Zone Navoi


1
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
2
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

3
Profile
Electro technical products
Telecommunication equipment
Machinery, equipment and components
Pharmaceuticals and medical goods
Food processing and packaging
Plastics goods and polymers
4
Location
  • Territory - 564 ha
  • Capitals of 10 states with 100 million people
    within a radius of 2 thousand km from FIEZ

5
Access to markets
6
Competitiveness edges
7
Transport infrastructure
Notation Conventions
Existing railways
Existing highways
Approach line to gasoline storage
Approach line to air terminal
Approach line to FIEZ Navoi
8
FIEZ Layout
9
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
10
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

11
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

12
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

13
Establishment progress
  • Ready to allocate new projects
  • Regulatory legal basis adopted
  • Administrative governance system set
  • External infrastructure facilities ready
  • Internal infrastructure facilities being finished

14
Y. 2009
FDI inflow prospects
FIEZ Navoi has already started to attract
investments.
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.
  • energy-efficient lamps
  • pharmaceuticals
  • home appliances
  • technical silicon
  • equipment for gasoline engines
  • OEM components for cars
  • automobile wires

15
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.

16
We invite companies for realization of investment
projects in FIEZ Navoi.And also for partnership
in establishment and general management of FIEZ
Navoi.
17
Tashkent September 2009
Thank you for attention!
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