{"id":2689,"date":"2021-03-22T03:26:52","date_gmt":"2021-03-21T20:56:52","guid":{"rendered":"https:\/\/directorsdirectory.com\/?post_type=listing&p=2689"},"modified":"2024-02-17T17:08:24","modified_gmt":"2024-02-17T10:08:24","slug":"sughd-free-economic-zone","status":"publish","type":"post","link":"https:\/\/directorsdirectory.com\/sughd-free-economic-zone\/","title":{"rendered":"Sughd Free Economic Zone"},"content":{"rendered":"\t\t
Established in 2009, Sughd Free Economic Zone (FEZ) is a bounded territory of Khujand, offering special legal status and favorable economic conditions for both domestic and foreign entrepreneurs. Covering a total area of 320 hectares, Sughd FEZ operates as an industrial and innovation zone, providing special customs and tax regimes, along with a simplified procedure for registering entities or residents within its territory. The interference of public authorities with financial and economic activities is strictly prohibited, except in cases specified by the law of Tajikistan.<\/p>\n
The Ministry of Economic Development and Trade serves as the authorized state body governing the activity of free economic zones in Tajikistan. Meanwhile, the administration of the Free Economic Zone performs management functions within the territory of Sughd FEZ. It is important to note that Sughd FEZ is a part of the customs territory of the Republic of Tajikistan, and goods placed within its territory are considered outside the customs territory, thereby exempt from customs duties, taxes, and other prohibitions and limitations of an economic nature.<\/p>\n
Sughd FEZ offers a range of resources and facilities to support business development. This includes access to international transportation infrastructure such as the Khujand International Airport, the Khujand and Spitamen railway stations, and the Dushanbe-Khujand-Chanok international highway. Additionally, subjects within the FEZ are provided with resources for land use, including production, storage, and office premises, at a nominal rent of 1 US dollar per 1 sq.m. Furthermore, the government allocates funds for the multistage construction of infrastructure and the recovery of existing communications annually.<\/p>\n
Sughd FEZ is actively pursuing priority projects, including the construction of a railway from Spitamen station to the FEZ, as well as the creation of a logistics transport center and a business support and innovation center. The latter is planned to offer a range of services, including training, consulting, audit, valuation, and legal services, along with the provision of office space and assistance in finding partners and financial institutions. Notably, the recent introduction of a polypropylene (PP) bag production plant in the Sughd FEZ has created 300 new jobs for local residents, demonstrating the zone’s commitment to economic development and job creation.<\/p>\n
Sughd Free Economic Zone represents a significant opportunity for both domestic and foreign entrepreneurs, offering a range of incentives, resources, and infrastructure to support business development and economic growth.<\/p>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t