Re­vis­it­ing Free Eco­nomic Zones

Uzbekistan Today (English) - - FRONT PAGE -

Pres­i­dent of the Repub­lic of Uzbek­istan Shavkat Mirziy­oyev held a meet­ing de­voted to the anal­y­sis of the ef­fec­tive­ness of ac­tiv­i­ties on de­vel­op­ment of free eco­nomic and small in­dus­trial zones es­tab­lished in the coun­try.

The Ac­tion Strat­egy on five pri­or­ity ar­eas of de­vel­op­ment of the Repub­lic of Uzbek­istan in 2017-2021 out­lines a num­ber of tasks on strength­en­ing macroe­co­nomic sta­bil­ity, ac­tively at­tract­ing in­vest­ment in the econ­omy and re­gions, es­pe­cially for­eign ones, cre­ation of fa­vor­able con­di­tions for de­vel­op­ment of pri­vate en­trepreneur­ship on the ba­sis of pri­va­tized state fa­cil­i­ties, so­cio-eco­nomic de­vel­op­ment of dis­tricts and cities. Im­por­tant in this re­gard is the on­go­ing ac­tiv­ity on im­prov­ing the ef­fi­ciency of free eco­nomic zones, technoparks and small in­dus­trial zones, cre­ation of new ones.

In ac­cor­dance with the de­cree of the Head of our state on ad­di­tional mea­sures of ac­ti­vat­ing and ex­pand­ing free eco­nomic zones of Oc­to­ber 26, 2016, even more fa­vor­able con­di­tions have been cre­ated for this work.

Cur­rently, there are 14 free eco­nomic zones in the coun­try. 62 projects worth 486 mil­lion dol­lars are re­al­ized in “Navoi”, “An­gren”, “Jiz­zakh”, “Urgut”, “Gi­j­du­van”, “Kokand” and “Khaz­arasp” FEZ, more than 4,6 thou­sand work­places are cre­ated. Ac­tive work is be­ing also car­ried out on de­vel­op­ment of 7 new free eco­nomic zones spe­cial­ized in phar­ma­ceu­tics: “Nukus-pharm”, “Zomin-pharm”, “Koson­soy-pharm”, “Sirdaryo-pharm”, “Boy­sun-pharm”, “Bus­ton­lik-pharm” and “Parkent-pharm”.

At the meet­ing, the un­sat­is­fac­tory state of ac­tiv­i­ties on es­tab­lish­ment of new and im­prov­ing the ef­fec­tive­ness of the ex­ist­ing FEZ, the need in this re­gard for sim­pli­fy­ing or­ga­ni­za­tional pro­ce­dures, in­creas­ing the at­trac­tion of in­vestors and en­trepreneurs was noted.

On be­half of the Pres­i­dent of our coun­try, a sep­a­rate credit line in for­eign cur­rency was opened at the ex­pense of the Fund for Re­con­struc­tion and De­vel­op­ment of Uzbek­istan in the amount of 100 mil­lion dol­lars for ac­cel­er­at­ing the im­ple­men­ta­tion of in­vest­ment projects in free eco­nomic zones, ac­qui­si­tion of im­ported high-tech equip­ment.

The di­rec­torates (boards) of small in­dus­trial zones are or­ga­nized. In or­der to pre­vent problems with ob­tain­ing credit and ac­cess to bank­ing ser­vices, a cer­tain com­mer­cial bank is as­signed to each zone. Pro­pos­als and a list of promis­ing projects for en­trepreneurs have been de­vel­oped based on the study of mar­ket re­quire­ments and the nomen­cla­ture of im­ports. En­ti­ties op­er­at­ing in th­ese in­dus­trial zones have been re­leased from all taxes for two years.

Pres­i­dent of our coun­try Shavkat Mirziy­oyev dur­ing his visit to the Repub­lic of Karakalpak­stan, dis­tricts and the re­gions of Tashkent ex­am­ined the build­ings and struc­tures that had been empty for many years and gave in­struc­tions on ef­fec­tively us­ing th­ese fa­cil­i­ties, or­ga­niz­ing new en­ter­prises, es­tab­lish­ment of small in­dus­trial zones on their ba­sis. As a re­sult, the num­ber of small in­dus­trial zones in our coun­try reached 96.

By now, 1,021 projects worth 535 bil­lion sums have been im­ple­mented in th­ese ter­ri­to­ries. As a re­sult of in­volve­ment of new en­ter­prises, more than 9.6 thou­sand work­places were cre­ated. Within the frame­work of projects, prod­ucts of light, chem­i­cal, food in­dus­try, elec­tri­cal en­gi­neer­ing, mod­ern construction ma­te­ri­als, fur­ni­ture and other prod­ucts are in de­mand not only in the do­mes­tic mar­ket, but also in the for­eign mar­ket. In ad­di­tion, it is planned to cre­ate 11 thou­sand new work­places as a re­sult of im­ple­men­ta­tion of 248 projects.

Dur­ing the meet­ing, spe­cial at­ten­tion was paid to the role of small in­dus­trial zones that are be­ing es­tab­lished in at­tract­ing in­vest­ments, or­ga­niz­ing new work­places and, on this ba­sis, im­prov­ing the well-be­ing of the pop­u­la­tion.

Pres­i­dent of our coun­try Shavkat Mirziy­oyev crit­i­cized ac­tiv­i­ties of the heads of rel­e­vant min­istries, de­part­ments and busi­ness en­ti­ties, noted the lack of ini­tia­tive and or­ga­ni­za­tion of ac­tiv­i­ties on de­vel­op­ment of free eco­nomic zones and small in­dus­trial zones.

In par­tic­u­lar, it re­mains a com­plex and of­ten for­mal pro­ce­dure for re­view­ing and ap­prov­ing projects by au­tho­rized min­istries and de­part­ments. The facts of bu­reau­cracy are still be­ing ob­served when solv­ing the is­sues of al­lo­cat­ing land for par­tic­i­pants of free eco­nomic zones.

Ac­tiv­i­ties on at­trac­tion of for­eign in­vest­ments in cre­at­ing new in­dus­tries in the newly cre­ated “Urgut”, “Kokand”, “Gi­j­du­van” and “Khaz­arasp” FEZ, as well as in all phar­ma­ceu­ti­cal free eco­nomic zones does not meet due re­quire­ments. There are problems in sta­ble and timely main­te­nance of free eco­nomic and small in­dus­trial zones with elec­tric­ity, nat­u­ral gas, water, in gen­eral en­gi­neer­ing com­mu­ni­ca­tion net­works.

The Head of our state in­structed to de­velop a set of mea­sures on elim­i­nat­ing short­com­ings in free eco­nomic and small in­dus­trial zones, cre­at­ing more op­por­tu­ni­ties for in­vestors and en­trepreneurs.

The need was em­pha­sized, first of all, for re­vis­ing the nor­ma­tive-le­gal frame­work for the de­vel­op­ment of ac­tiv­i­ties of th­ese zones, bring­ing it in line with mod­ern re­quire­ments, cre­at­ing an open and un­der­stand­able mech­a­nism for all.

Spe­cial at­ten­tion was also paid to the is­sue of sim­pli­fy­ing the pro­ce­dure for al­lo­cat­ing land plots and va­cant build­ings. In par­tic­u­lar, projects to be im­ple­mented in free eco­nomic zones will be con­sid­ered by the Ad­min­is­tra­tive Coun­cil un­der the Cabi­net of Min­is­ters. So far, this coun­cil has in­cluded 17 min­istries and agen­cies. Ac­cord­ing to the in­struc­tion of the Pres­i­dent of our coun­try, their num­ber has been re­duced to 4.

In this di­rec­tion, a new sys­tem has been cre­ated - ter­ri­to­rial com­mis­sions, their rights to re­view projects and to au­tho­rize their im­ple­men­ta­tion have been ex­panded. The cri­te­ria for se­lec­tion of in­vest­ment projects for place­ment in eco­nomic zones will be re­viewed, ad­di­tional mea­sures will be taken on im­prove­ment of lend­ing con­di­tions for par­tic­i­pants of free eco­nomic zones and pro­vid­ing en­gi­neer­ing com­mu­ni­ca­tions.

In this re­gard, at the meet­ing, in­struc­tions were given on adop­tion of ef­fec­tive mea­sures aimed at timely pro­vi­sion of en­ter­prises lo­cated in free eco­nomic and small in­dus­trial zones with all nec­es­sary en­gi­neer­ing and com­mu­ni­ca­tion net­works and in­fra­struc­ture.

Newspapers in English

Newspapers from Uzbekistan

© PressReader. All rights reserved.