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. Telecommunication equipment Plastics goods and polymers Machinery, equipment and components Electro technical products Pharmaceuticals and medical goods Food processing and packaging Profile

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 FIEZ Navoi Transport Hub Developed Industrial Environment Competitive Resource Prices Abundant Resources Labor Force Intellectual Potential

7. Existing railways Existing highways Approach line to gasoline storage Approach line to air terminal Approach line to FIEZ “Navoi” Notation Conventions Transport infrastructure

8. Parking TIR - park Production site Logistic center Service facilities Administrative and finance zone Public centers, park zones Automobile roads Approach railway line Area: 564.0 ha Perimeter: 9,600 m Notations: 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.  Ready to allocate new projects  Regulatory legal basis adopted  Administrative governance system set  External infrastructure facilities ready  Internal infrastructure facilities being finished Establishment progress

14. 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

15.  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. Thank you for attention! Tashkent September 2009