Transcript PPT File
. INVESTMENT ENVIROMENT IN UZBEKISTAN AND PROSPECTS FOR COOPERATION Ministry for Foreign Economic Relations, Investments and Trade of the Republic of Uzbekistan The leading industrial economy in Central Asia MAIN MACROECONOMIC PARAMETERS Structure of GDP production (%) GDP growth (% to previous year) 2010 2005 2000 1995 0 20 40 60 80 100 INDUSTRY GROWTH RATE IN UZBEKISTAN Growth rate of industrial output and share of the industry in GDP industrial production share of the industry in GDP 114% 30% 112.7% 112.1% 112% 110.8% 110% 109.4% 17.5% 108% 21.2% 24% 24.0% 21.8% 25% 23.0% 22.3% 20% 109.0% 108.3% 107.2% 15% 15.2% 106.2% 106% 10% 104% 5% 102% 0% 2003 2004 2005 2006 2007 2008 2009 2010 ACTIVE FOREIGN TRADE POLICY Foreign Trade in 2010: - Export promotion and development of infrastructure - Expansion of export loaning, insurance perfection, quality control system and certification of products - Creation of logistic centers for the effective transportation of export cargoes - Unification of customs procedures Inflation rate 30 25 25.25 21.6 20 15 7.8 10 5 3.8 6.8 6.8 7.8 7.4 7.3 3.7 0 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 Heat energy Oil and gas Electric energy Hydro energy Average prices for: CIS Europe Moscow Central Asia Minsk London Berlin East Asia Astana Kiev Brussels Paris Beijing Bishkek Ashgabat Tokyo Ankara Tehran Baghdad Jerusalem Seoul Kabul Shanghai Amman Cairo Riyadh Doha Abu Dhabi Muscat Middle East & Africa South-East and South Asia Bangkok Phnom Penh 45 countries Singapore Jakarta Manila Automobile Agricultural machinery Mining & metallurgy Electrical engineering Oil, gas & petrochemical Building materials Electronics Chemical Textiles Pharmaceuticals Food processing • • • • • Moscow State University • Westminster International University • Singapore Institute of Management Development • Turin Polytechnic Institute •Oil&Gas Institute named after Gubkin Stable legislation during 10 years Foreign investments and other foreign assets are not subject to nationalization Free transfer of money resources in a foreign currency into Uzbekistan and from it without any restrictions In 2010: Share of FDI (%) Foreign investments (bln. USD) CNPC INVESTMENT COOPERATION BETWEEN UZBEKISTAN AND INDIA To 2010 Total investments– 93,15 mln. USD Export Import MINI-TECHNOLOGIES & EQUIPMENT FOR SMES : • Refrigerators and air conditioners – 1 mln. units • Washing machines and vacuum cleaners – 600 thsd. units • Microwaves – 300 thsd. units • Lamps – 500 mln. units Textile companies in Uzbekistan: - Cotton fiber production – 1,2 mln. tons - Domestic processing only 30% of cotton fiber - Yarn production - more than 360 ths. tons - 50% discount from world cotton price - Only CIS textile market is 6,0 bln. USD - FTA within CIS countries Annual domestic needs in ceramic tiles - 10 mln. sq. m sanitary ware - more than 160 thsd. units Glazed tile Ashlar Sanitary ware Stone tile Parquet Production of demanded chemical products in Central Asia Annual regional demand for soap – 130 thsd. tons, detergents – 300 thsd. tons •injections – 300 mln. ampoules •infusions – 50 mln. flasks • biopharmaceuticals – 500 thsd. packs • anticeptics – 100 thsd. flasks • antibiotics – 50 mln. flasks • uncture – 1 bln. packs • suture – 500 thsd. r.m. • syringes – 200 mln. units Annual production potential of fruits and vegetables is 10 mln. tn Proposals for cooperation: Storage, freezing, processing, production and packaging of agriculture products, beverages and confectionery. The 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 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 4. 1. 2. 3. 4. 5. 6. 7. 1. 5. 6. 7. 8. 1. 2. 3. 4. 2. 3. 5. Largest tourist potential among the countries of Central Asia Ecological and sports tourism Medical and health tourism Proposals for cooperation • Construction of new world-class hotels • Construction of motels and camping’s recreation units along automobile roads • Establishment of joint travel agencies • Management of existing hotels in Samarqand, Urgench, Tashkent • Tourists exchange . THANK YOU!