Economic and investment potential of namangan region

Darya - the main gulf of Central Asia

North-east - Spurs of mountain. Precipitations are frequent. The climate is mild.

The terrain is various:

West - hilly land with scant vegetation. Precipitation is low

The climate is sharply continental

the Republic of Uzbekistan :
+ Sustained economic growth and political stability
+ Favorable investment climate, providing a wide range of privileges to foreign investors
+ Rapidly developing market of Uzbekistan, Central Asia and CIS countries
+ Developed financial and telecommunication sector

But other than that, the Namangan region has its own characteristics and advantages:
+ Rapid growth of the whole economy of the region
+ High activity of business
+ Support for foreign investors by state and local authorities
+ Assistance to innovative projects
+ Comprehensive development of the region's economy
+ Deeply developed textile industry and availability of specialists with extensive experience in the industry
+ Rapid rates of development of such industries as chemical, metalworking
+ Significant reserves of raw materials reserves, mineral and energy resources
+ High level of development of agricultural, processing and food industries
+ Highly skilled and inexpensive labor resources
+ Inexpensive utilities
+ Highly developed transport infrastructure.

The Namangan region is a region in which friendly and hospitable people live and work.
This is the land where history is intertwined with modernity. This is the place where all the conditions for sports, recreation and entertainment are created!

Key factors

industry
Machine-building enterprises
Pipe production
Electromechanical enterprises
Automotive repair shop
Chemical plants

Industry

Textile industry is the main branch in the structure of the industrial complex of Namangan region. Also, the machine-building industry and the metal processing industry are growing fast.

Namangan region: Developed sectors
Food products industry
Enterprises for processing agricultural products
Fat-and-oil plants
Flour milling plants
Manufacture of macaroni and confectionery products
Dairy products

of the Namangan region.

Namangan region: existing assets and potential

Crop production

of the minerals have not yet been touched. Majority of minerals is located in Mingbulak, Pap, Turakurgan, Ujchi, Chust and Yangikurgan districts.  

Namangan: Raw materials and mineral resources

length of motorways is over 13,300 km
The length of auto roads with asphalt pavement is 10 800 km

Namangan region is connected to capital of Uzbekistan, Tashkent city, through Kamchik Mountain pass. The distance from Namangan city to Tashkent city is – 305 km

The airport in Namangan works round the clock. It carries out functions "spare" for air vessels as national airline «Uzbekistan Airways», and airlines of the CIS countries. It also can be used as the airport for technical plantings. Here all complex of land service of air vessels, commercial service of passengers, cargoes is made, additional services accompanying these processes are rendered.

There are two large mountain transport tunnels Namangan region

PREVILEGES PROVIDED IN FEZ

7

5- 10
$ mln

Location of free economic zone

Kasansay district

Enterprises attracting direct foreign investments within the free economic zone are exempted from

1. Land tax
2. Income (profit) tax 3. Property tax 4. Tax on developing social infrastructure 5. Consolidated tax for microfirms and small enterprises
6. Obligatory deductions to National Road Fund

Technological equipment, component parts and raw materials importing for industrial purposes are exempted from customs duty for the duration of the free economic zone

the Republic of Uzbekistan №-5517 of November 22, 2018 “About creating Free Economic Zone “Namangan””

671,4 ha total area

PRODUCTS

PERFUMES AND COSMETICS

enterprises with foreign investment

the development and implementation of initiated projects

1 approach. Innovations in the spheres mostly interested by entrepreneurs  

2 approach. Specific innovative projects that require investment:

Expansion of the range of textile products on the basis of improving the structural composition of materials
Creation of biologically active polymers (fungi) of antiseptic purpose for leather processing
A rational, effective and environmentally friendly technology for processing leather waste
Production of children's shoes with varying dimensions and configuration
Synthetic leather production
Production of footwear from molded rubber
Production of textile shoe fabrics with and without nap
Other projects

3 approach. Innovative ideas for the organization of new projects were developed by scientists and specialists of Namangan
These ideas are ready and require investment

construction period: 24 months

The amount of the project: $200,0 mln.

Created jobs: 5000

in the center of Namangan city

Explication:
1.Business center
2.Hotel
3.Business center
4.Bank
5.Administrative center
6.Techno park
7. Showroom
cultural Trade zone
8. Expocenter
9. Hyper market
10. Cinema, museum
11. Shopping center
12. Car parking-
Sports Park
13. Mosque
14. Greenhouse
15. Park
16. Sport complex
17. Multi-storey parking

Main activity: Trade
Total area of Organization: 0,20 hа
Occupying area of Buildings: 0,10 hа
Address: 1, Islam Karimov street,
Namangan city

Cost of Project is 2.4 million USD
Financing Project
Foreign capital unavailable
Annual service capacity 53.4 thousand people
Annual turnover 0,9 million USD
Labor opportunities 35 people
Provision of Communication Network: Available
(elector energy, gas, water supply, canalization)
Duration of Project: 3 years

Main expenditures
Construction Work 0.8 million USD
Equipment 1,1 million USD
Working assets 0.2 million USD
Other expenses 0.3 million USD

the project: $ 1.5 mln.

Created jobs: 120

“AHSIKENT” Hotel project in Turakurgan

ha

The construction period: 24 months

The amount of the project: $ 5.0 mln.

Created jobs: 40

construction period: 24 months

The amount of the project: $15 mln

Created jobs: 200

Location:
Kasansay district, Olmazor village

areas of the Chodak tourist zone in the district, and by establishing special mountain slopes through the pilgrimage sites and attractions of the region, special techniques (Quadrocycles) service.
2. - Ability to create modern hotels and entertainment facilities on the route and mountain slopes of the Chodak tourist zone in the district.

Existing opportunities for further development of tourism industry in the Pop district (Offers)