Transcript Diapositiva 1

BALAKHANI
INDUSTRIAL
PARK
minimizing waste, maximizing resources
Why Azerbaijan?
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As one of the fast growing economy of the world, GDP of Azerbaijan is increased 7 times within last 8 years. Today, GDP
of Azerbaijan is equal to 74% of total GDP in South Caucasus (Azerbaijan, Georgia, Armenia)
In 2003-2011, the poverty rate reduced from 45% up to 7%
Country ratings:
– Long term credit rating: ‘BBB –’ (investment grade)
– Short-term credit rating: ‘F3’
– UNDP Human Development Report (2010) – 69th
– WEF Global Competitiveness Report 2011- 2012: 55th in the world and 1st among CIS
The attractive tax system:
– Corporate tax: 20%
– Income tax: 14-30% (progressive taxing)
– VAT: 18%
Custom regime: Duties are imposed to goods imported to Azerbaijan in the range of 0-15%
State registration: As per “single window” system, state registration is carried out within 3 working days
Legislation: Sound legal framework (Laws of the Republic of Azerbaijan on "Investment activity" and on "Protection of
foreign investments”)
Concept
• Established Eco-Industrial Park infrastructure
• Processing, manufacturing and service business/facilities located together on
a common integrated and interlinked property
• Improve the economic performance of the participating companies while
minimizing their environmental impacts
Location
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Next to Baku Waste-to-Energy Plant and Material Recovery Facility
Access to Balakhani-Binagady Highway
15 km away from Baku Sea Port
17 km away from Baku Railway (cargo) Station
18 km away from International Airport
202 km away from Russian border
560 km away from Tbilisi city (capital of Georgia)
894 km away from Black Sea (Poti) Port
Infrastructure
• Bypass roadway connecting with Balakhani-Binagady Highway
• Utilities: Electricity, water, sewage, gas and heat, waste collection and disposal,
phone line, ADSL internet connection
• Internal facilities: weighbridge, warehouse, bank and post office, repair
workshop
• Administrative (office) building, operational building (canteen, showers, change
rooms, etc), single storey factories/areas for lease
• General services: bus service, parking, fenced territory, safety and security
(including fire protection), regular environmental monitoring
Investment incentives
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Long and short term credit at preferential rates through State Entrepreneurship Support Program
Low cost land and industrial building area rents
Tax incentives:
• exemption from corporate and income taxes for 7 years after registration
• exemption from land taxes for 7 years after registration
• exemption from real estate taxes for 7 years after registration
• exemption from VAT for 7 years after registration for equipment, facilities and goods imported for
production purposes
Features and benefits
• Very good location with easy access to highway, railway, international airport,
sea port
• Close proximity to important export markets of Russia, Caspian Sea basin,
Caucasus and Central Asia countries
• Both highly skilled and unskilled cheap labor forces
• Favourable tariff costs for utilities
• Simplification of procedures/one-window service for administrative issues
(registration at Park within 3 days
• Use of common facilities and services
Target industries
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Plastic recycling
Tire/rubber recycling
WEEE recycling
Lead batteries
Non-ferrous metal and cable recycling
Municipal hazardous waste recycling
Green (recycled) products manufacturing
Green energy production
Master plan
Park area: 70,000 m2; Industrial area: 23,460 m2: Administration area: 3,000 m2
More information at…
Official Web Site of
Balakhani Industrial Park
www.bsp.az
Thank you!
Contacts:
Management Company:
“Tamiz Shahar” JSC
55, Khojaly ave, AZ 1025, Baku city, Azerbaijan Republic,
Phone: (+99412) 464 41 10/11
Fax:
(+99412) 464 41 12
E-mail: [email protected];
URL: www.tamizshahar.az