Regulatory Alerts2017-10-25 | ПҚ-3356Added · Updated
On Additional Measures to Increase the Efficiency of Free Economic Zones and Small Industrial Zones
The President of Uzbekistan mandates the termination of redundant commissions and working groups to streamline the management of Free Economic Zones (FEZs) and Small Industrial Zones (SIZs). The decree establishes a new system for selecting investment projects based on specific criteria, including job creation and export potential, and introduces an electronic online auction process for land allocation in SIZs. It requires the Ministry of Finance to ensure credit line openings for project financing through the Recovery and Development Fund, caps insurance premiums for loan collateral at 0.5%, and directs the creation of a Unified Portal for FEZs and SIZs to facilitate investor services and information access.
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