Some 10 enterprises to be launched in SIZ Jizzakh in 2014
05/09/2014 11:55
Some 10 enterprises to be launched in SIZ Jizzakh in 2014
05/09/2014 11:55
Tashkent, Uzbekistan (UzDaily.com) -- Ten more enterprises will be launched in special industrial zone Jizzakh in 2014.
As earlier reported, Quyosh Issiqlik Energiyasi, an Uzbek-Chinese joint venture on production of solar collectors, started its activities in special industrial zone Jizzakh in the end of August 2014.
President of Uzbekistan Islam Karimov signed a decree for creation of new special industrial zone Jizzakh on 18 March 2013. The branch of the zone will be in Syrdarya region.
The zone was created in line with a memorandum of understanding on implementation of project on creation of Uzbek-Chinese industrial park in Uzbekistan. It was created to form favourable conditions for attracting foreign and local investments to creation of high technologic industrial capacities, production of competitive products with high added price, complex and effective use production and resource potential of Jizzakh and Syrdarya regions.
The special zone was created for 30 years with possibility of extension. The decree set tax and customs preferences for enterprises, operating in the zone. The enterprises, located in the zone, will be exempted from payment of income tax, property tax, tax for accomplishment and social infrastructure, single tax, and mandatory payments to Road Fund.
They will be also exempted from payment of customs duties for imported materials, equipment and spare parts, which are not produced in Uzbekistan.
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