Jason Kerr 18 April 2018.

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Presentation transcript:

Jason Kerr 18 April 2018

Introduction A new chapter for Uzbekistan Legal and economic reforms Investment opportunities

Legal and Economic Reforms

2017 – 2021 Major changes to currency regime Anti-corruption legislation Doing business in Uzbekistan – innovations PPP Strategy of Actions for Development

Foreign Trade and Investment

Customs reforms Tax incentives for investors WTO accession Expansion of Free Economic Zones

Investment Opportunities

Multilaterals Reforms supported by multilateral development banks World Bank and Uzbekistan Partnership Framework 2016-2020 EBRD’s new Tashkent office in 2017 EIB – Uzbekistan Framework Agreement 2017 ADB and IDB: extending investment programmes

Oil, Gas and Petrochemicals US$30.4 billion Priority – upstream and downstream investments Exploration and development Refocusing exports from raw materials to petrochemicals in oil and gas sector investments targeted by 2021

Power/Renewables US$5.3 billion Self-sufficiency in electric power Priority: renewable energy to be invested in development of renewable energy through 2017-2021

Thank you

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