Uzbekistan - Angren erkin iqtisodiy zonasi
Angren Free Economic Zone aims to create an enabling environment to attract primarily direct investments. This is in order to set up and efficiently operate modern high-tech industrial enterprises. These will produce competitive and high added value goods for the domestic and world markets.
The proximity of the Angren FEZ to Tashkent, the capital of Uzbekistan, makes the location attractive for investors. A directorate arranges operational management of the Angren FEZ. This is incorporated as a State Unitary enterprise.
Additional Details for Angren Free Economic Zone
- Total area: 187.5 hectares.
- Electricity supply. There are 2 thermoelectric power stations (TPS) and 1 hydroelectric power plant (HPP): JSC “Angren” TPS, with capacity of 369.0 million kW/hour; JSC “Novo-Angren” TPS, with capacity of 5675.4 million kW/hour; HPP “Akhangaran”, with capacity of 73.5 million kW/hour.
- Tax incentives. Property tax – 3.5% Profit (income) tax – 9%
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Angren Free Economic Zone residents are exempted from:
Profit (income) tax – 9%
Unified tax (for SMEs) – 5%
Social infrastructure development tax – 8%
Obligatory payments to the Republican Road Fund (1-2.5%)
3 years – if amount of direct investments is from 0.3 mln to 3 mln USD.
5 years – if amount of direct investments is from 3 mln to 10 mln USD.
7 years – if amount of direct investments is more than 10 mln. USD.
Customs duties for imported equipment, raw materials, production components, not produced in Uzbekistan, by the degree of the Cabinet Ministers.
“Considering the available experience and perspectives of utilizing the production and resource potential of the Tashkent region and setting up lasting economic relations with the enterprises of Fergana Valley, it was decided to establish a special industrial zone “Angren”. The enterprises–participants of the SIZ “Angren” are granted an extensive system of tax and customs privileges and preferences, as well as a guaranteed connection to the infrastructure facilities and communications.
Establishment of free zones is a new step in realization of the policy aimed at further optimization of the regional development, deployment of highly competitive export-oriented enterprises, and introduction of modern logistics systems and transport infrastructure. We will continue providing comprehensive support to insure further development in these directions.”
Shavkat Mirziyoyev
The President of the Republic of Uzbekistan
More about Angren Free Economic Zone
Free economic zone “Angren” is established by the Decree of the President of the Republic of Uzbekistan No. 4436 dated April 13, 2012.
One of the primary factors in the selection of Tashkent region for the creation of new zone is that, there, in the beginning of 2010 on the basis of the railway station “Ablyk” the logistics center “Angren” started its work. Its main task was the acceptance and handling of goods from three regions of the Fergana valley. This center is able to provide the companies of SIZ with the services of cargo transportation in any direction of the Republic.
Currently in FEZ “Angren” the production of high-tech products is organized in the framework of 10 projects. The total amount of investments 181 million USD, in particular, energy-saving LED lamps, copper pipes of different diameters, gypsum wall boards, briquette coal, sugar, etc.
EGL-NUR Joint Venture
“EGL-NUR” Joint Venture established in 2013 with the participation of OJSC “New Angren CHP” and South Korean Company “EG Lightings Co. Ltd” carries out the production of energy-saving LED lamps for street lighting. The total cost of the project made up 1.0 million USD with the annual production capacity of 48 thousand lamps. Currently 23 workers work at the enterprise.
“Angren Shakar” Foreign Enterprise established in 2014 with the participation of Singapore companies “Welton International Enterprises” and “Kio Investment Pte. Ltd” and Austrian company “SEID Handelsgesellschaftm. b.H.” carries out the production of sugar. The total cost of the project made up 108.5 million USD with the production capacity of 1000 tons of sugar per day. Currently 100 workers work at the enterprise.
Other enterprises at Angren Free Economic Zone
“Uz-Shindong Silicon” Joint Venture established in 2014 with the participation of State Committee of Geology, JSC “Uzmetcombinat” and South Korean company “Shindong Enercom Inc” carries out the production of technical silicon. The total cost of the project made up 5.9 million USD with the annual production capacity of 5 thousand tons of technical silicon. Currently 90 workers work at the enterprise.
“Original Gold Ceramic” Foreign Enterprise established in 2014 with the participation of British company “Euro Ceramic Trade LLP” carries out the production of architectural lining bricks. The total cost of the project made up 3.4 million USD with the annual production capacity of 25 million pieces. Currently 80 workers work at the enterprise.
Angren kumir bricket
“Angren kumir bricket” Joint Venture established in 2012 with the participation of Khokimiyat (City Administration) of Tashkent area and British company “Bradmax Ltd.” carries out the production of coal bricks. The total cost of the project made up 3,1 million USD with the annual production capacity of 45.4 thousand tons. Currently 50 workers work at the enterprise. Bulgarian motor oils and industrial lubricants producer Prista Oil and Uzbekistan state owned company Uzneftmahsulot opened in 2016 a $19 million plant «Uz-Prista Recycling» in FEZ “Angren” for recycling 40 000 tons of waste oil annually. 40% of the product will be directed to export.