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To the attention of Investors!
Uzbekistan invites Turkish investors!
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Uzbekistan invites Turkish investors!
In February-March 2017 will be held a meeting of the Uzbek-Turkish joint commission on trade and economic cooperation, as well as a business forums Turkey-Uzbekistan with participation of business circles of two countries. The recent visit of the President of the Republic of Turkey H.E. Mr. Recep Tayyip Erdogan to the Republic of Uzbekistan (17-18 November, 2016) and negotiations with the new President of the Republic of Uzbekistan H.E. Shavkat Mirziyoyev have given a new impetus to the development of mutually beneficial Uzbek-Turkish cooperation, especially in trade and investment.
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The Uzbek side attaches great importance to:
- development of tourism infrastructure with involvement of leading Turkish companies, including the reconstruction of "Afrosiyob" hotel in Samarkand and "Bukhara Palace" hotel in Bukhara and development of Tourism zone "Chimgan" in Tashkent region; - cultivation and deep processing of agricultural products, with the involvement of advanced technology of Turkish companies. In particular, the implementation of "pilot" projects for the creation of intensive orchards in the 6 regions of Uzbekistan (for 4 thousand hectares), the organization of systems – full production cycle - sorting, packing, drying, processing, freezing and export of fruits and vegetables; deep processing of local raw leather with the production high-quality footwear and leather goods; - the production of highly efficient pharmaceuticals (antibiotics, medicines for the treatment of cardiovascular, cancer, gastrointestinal, ophthalmic diseases, etc.).
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To implement the projects, the Uzbek side to create a free economic zones in the territory of which the Turkish companies will be granted the most favorable conditions, including tax, customs and other privileges and preferences. In this regard, the Embassy invites potential Turkish companies to implement investment projects in Uzbekistan, as well as ready to hold bilateral talks with the heads of the interested companies. For more information and negotiation, please contact the Embassy by Tel: (0 312) (Counsellor for Economic and Commercial issues Uchkun Khusanov). Full list of investment projects proposed implementation jointly with Turkish investors.
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Investment Proposals for Bilateral Cooperation with
Turkish Companies INVESTMENT OFFERS
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Annual Production Capacity
Project name Annual Production Capacity Project Cost (mln USD) Establishment of textile complex, producing cotton yarn and ready made garments 3,5 thousand tons 10 Production of spinning, weaving and clothing goods 8 thousand tons 22,1 Establishment of yarn, sewing and knitted goods production 15 thousand tons 30 Production of ready-made finished products (garment, knitwear etc.) 4 thousand tons 9 Textile Industry
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Annual Production Capacity
Project name Annual Production Capacity Project Cost (mln USD) Production of shoes (men, women, children, etc.) 2,5 mln pairs 5 Establishment of leather accessories (bags, purse, glows, belts, etc.) producing factory 1 mln pieces 3,5 Production of sport ware goods 2 mln pieces 3 Establishment of leather production for furniture industry 12 mln sq dm Production of ready made garments of natural skin Leather Industry
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Annual Production Capacity
Project name Annual Production Capacity Project Cost (mln USD) Production of pharmaceutical substances (starch, lactose, etc) 1 tone 4,5 Tuberculin production 10 mln ampuls 3,2 Production of immunobiological medicines 51 mln pieces 2,3 Snap bond production 30 mln sq m 2 Production of disposable medical products (shoe covers, face masks, caps, gowns, drapes, etc.) 10 mln pieces Pharmaceutical Industry
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Processing of Agricultural Products
Planned creation of intensive orchards in 6 regions of the country: Bukhara Kashkadarya Khorezm Navoi Surkhandarya the Republic of Karakalpakstan The area of each project is 4 thousand hectares The main aim of realization of these projects is exporting agricultural products by creating all infrastructure, that will have a full production cycle: Processing of Agricultural Products sorting drying freezing, etc. packing processing
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Tourism Project name Project Details
Reconstruction of Afrosiyob hotel in Samarkand creation of the tourism infrastructure & recreation centers Reconstruction of Bukhara Palace hotel in Bukhara Development of Tourism Zone Chimgan construction of: 2 ropeways three 9 storied buildings leisure center Tourism
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Free Economic Zone URGUT
Location Urgut district, Samarqand region Total area 300 hectares Main operating directions: deep procession, storage agricultural products; and packaging of textile, carpet weaving, leather industries; environmentally friendly chemical and pharmaceutical industries; electrical and mechanical engineering, automobile industry, production of building materials.
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Preferences & Privileges
Exemption of all tax and customs duties years depending on investment volume as follows: from 0,3 – 3 million USD for 3 years; from 3 – 5 million USD for 5 years; from 5 – 10 million USD for 7 years; more than 10 million USD for 10 years, with decreasing income and single tax payment rates to 50 percent below existing rates
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Contacts Embassy of Uzbekistan in Turkey Phone: 0 312 4415726 Email:
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