ECONOMIC IC AND IN INVESTMENT POTENTIAL OF NAMANGAN REGION 1
Namangan region Namangan region on the map of Uzbekistan Namangan Area - 7 440 sq.km region Region – the source of the Syr Darya - the main gulf of Central Asia The terrain is various: North-east - Spurs of mountain. Precipitations are frequent. The climate is mild. West - hilly land with scant vegetation. Precipitation is low The climate is sharply continental
Namangan region Namangan region: transportation infrastructure Namangan region is connected to capital of В Uzbekistan, Tashkent city, through Kamchik Mountain pass. The distance from In 2016, electrified railway Namangan city to Tashkent city is – 305 км launched for route Angren- Pap with the length of 129 km The total length of railways is more A link of the transport than 274,6 km corridor connecting Europe Unified railway transport system with Asia has been created throughout the country The total length of There are two large mountain transport tunnels Namangan motorways is over region 13,300 km The airport in Namangan works round the clock. It carries out functions "spare" for air vessels as The length of auto national airline «Uzbekistan Airways», and airlines of the CIS countries. It also can be used roads with asphalt as the airport for technical plantings. Here all pavement is 10 800 complex of land service of air vessels, commercial service of passengers, cargoes is km made, additional services accompanying these processes are rendered. 3
Namangan region: labor potential Population - 2 652 400 people There are more than 50 nationalities. Largest ethnic group – Uzbeks (88,8%) Population of the region, Academic lyceums and • 121 professional colleges/ thousand people. 2652,4 universities Labor force, thousand people. Number of graduate students in colleges and • 34 898 1535,1 lyceums / universities Population, engaged in Average number of • More than 80 000 agriculture, thousand people new jobs, created 249,8 annually (people) 4
Namangan region : operating assets and potential Industry Light industry Heavy and chemical industry Large: Textile factories Food products industry Enterprises for processing Cotton processing Machine-building enterprises agricultural products Sewing companies Pipe production Fat-and-oil plants Silk production complexes Electromechanical enterprises Flour milling plants Footwear production Automotive repair shop Manufacture of macaroni and Chemical plants confectionery products Dairy products Textile industry is the main branch in the structure of the industrial complex of Namangan region. Also, the machine-building industry and the metal processing industry are growing fast.
Namangan region : existing assets and potential Crop production Livestock raising Cotton-growing Cattle Agriculture Sericulture Small cattle Gardening Angor goats Viticulture Poultry, beekeeping, rabbit breeding and fisheries A fertile climate contributes to the development of the agricultural sector of the Namangan region.
Namangan region : existing assets and potential Gold deposits Crude oil deposits Полезные Lead deposits ископаемые Copper deposits Quartz deposits Antimony deposits Many of the minerals have not yet been touched. Majority of minerals is located in Mingbulak, Pap, Turakurgan, Ujchi, Chust and Yangikurgan districts.
By 2017 3 rd may, according to the (PD-5032)decree of the president of Uzbekistan on the creation of free economic In the year of independence There are more “ Nukus Pharm”, “ Zomin Pharm”, “ Kosonsoy zone deepening economical reforms in pharmaceutical Pharm”, “ Syrdarya pharm”, “ Boysun Pharm”, “Bo’stonliq field, put into operation of new manufacturing Pharm” and “ Parkent Pharm” . First of all, evolve powers and modernize available ones, make pharmaceutical field in our republic, support those which comfortable atmosphere to attract foreign are made medication herewith medical supplies, It makes investments, produce competitive ready products, and a huge opportunities to fill high-quality pharmaceutical focused on performing to enlarge multiple changes. production of local preparation.
Kasansay district Location of free economic zone 30 years Period operation of free economic zone (renewable) Enterprises attracting direct foreign investments within the free economic zone are exempted from 1. Land tax 2. Income (profit) tax 3. Property tax 4. Tax on developing social infrastructure 5. Consolidated tax for microfirms and small enterprises 6. Obligatory deductions to National Road Fund Technological equipment, component parts and raw materials importing for industrial purposes are exempted from customs duty for the duration of the free economic zone
FEZ «NAMANGAN»: Decree of the President of the Republic of Uzbekistan № -5517 of November 22, 2018 “About creating Free Economic Zone “Namangan”” 20.08.2018 created by the Decree of the President 671,4 ha total area
FEZ «NA MANGAN »: PERIOD OF INCENTIVES AND PREVILEGES more than 10 5 - 10 $ mln 3 $ mln - 5 $ mln 0.3 - 3 $ mln 10 7 3 5
FEZ «NAMANGAN»: PRIORITY DIRECTIONS CHEMICAL INDUSTRY ELECTRONICS MACHINE BUILDING RAW PERFUMES AND POLYMERIC COSMETICS MATERIALS PRODUCTS and other currency-recouped and export-oriented products
Investment proposals for investors on the basis of innovative approaches to the development and implementation of initiated projects 1 approach. Innovations in the spheres mostly interested by 2 approach. Specific innovative projects that entrepreneurs require investment: Expansion of the range of textile products on the basis of improving the structural composition of materials Waste-free Creation of biologically active polymers (fungi) of processing of antiseptic purpose for leather processing resources Expansion of the A rational, effective and environmentally friendly Leather raw material technology for processing leather waste processing base for textiles Production of children's shoes with varying dimensions and configuration Synthetic leather production Processing of Innovations Production of footwear from molded rubber Manufacture of agricultural Production of textile shoe fabrics with and without nap leather goods products Other projects Mineral Production of fertilizers from fruit 3 approach. Innovative ideas for the organization of local raw concentrates new projects were developed by scientists and Cellulose from materials specialists of Namangan local raw These ideas are ready and require investment materials 13
Main business areas of companies with foreign investment Показатели объема внешней торговли Textile production Manufacturing of Processing of pharmaceutical agricultural and products food products Joint-ventures Manufacturing Production of of industrial leather goods products 14
Government support for investment activities Conditions for the formation and functioning of enterprises with foreign investment Creation of a joint venture; Creation of an enterprise with 100% foreign capital; Forms of investment: Acquisition of partial or a full package of shares of joint stock companies . Joint (foreign) enterprises are recognized as newly The amount of the investment fund is not less than 150 thousand USD; created enterprises that meet the following One of the participants of the enterprise is a foreign legal entity; requirements: The share of foreign investment is at least 30% of the investment fund.. In priority sectors that ensure sustainable economic growth; Foreign investors can be provided with In the introduction of high-end modern technologies; additional guarantees if they invest: In projects aimed at expanding the export potential; Projects in the field of small business Income of foreign investor, generated in the Republic Can be reinvested in the territory of the Republic of Uzbekistan or used in any of Uzbekistan: other way at the discretion of a foreign investor 15
Government support for investment activities Preferential taxation for foreign investors and companies with foreign investment : Taxable profit is reduced by the amount: of Funds allocated for the modernization of production; On corporate income tax Purchase of new equipment; Construction works for expansion of production; Funds directed to repay loans. VAT is exempted from imports of: On value-added tax (VAT) technological equipment, according to the list approved by the legislation, as well as components and spare parts for it; property, imported as investment obligations. On customs payments Exempt from payment of customs duties on: Property imported by foreign investors to Uzbekistan for their own production needs; Property imported for the personal needs of foreign investors and foreign nationals who are in Uzbekistan under employment contracts; Goods imported by foreign legal entities that made direct investments for a total amount of more than $ 50 million if the imported goods are products of their own production; Technological equipment, according to the list approved by the legislation, as well as components and spare parts for it; Property, imported as investment obligations. 16
Recommend
More recommend
