Introduction to the Investment Promotion Agency under the Ministry of Investment, Industry and Trade of the Republic of Uzbekistan
About Us
The Investment Promotion Agency under the Ministry of Investment, Industry, and Trade of the Republic of Uzbekistan (UZIPA) is resolutely committed to cultivating a dynamic and investor-friendly environment. Our primary goal is to assist foreign investors in navigating and leveraging new business opportunities across diverse sectors in Uzbekistan.
Established in 2019 UZIPA serves as a vital “One-Stop-Shop” for foreign investors exploring the abundant opportunities in business-friendly Uzbekistan. As the primary point of contact with the state, we simplify the investment process by providing comprehensive support and guidance, ensuring that investors navigate the regulatory landscape with ease.
By acting as a bridge between foreign investors and local entrepreneurs, we foster strategic trust and build meaningful partnerships that contribute to the economic growth and mutual prosperity of all parties involved. Our commitment is to streamline the investment experience, making Uzbekistan an attractive and accessible destination for global business.
How we help
We offer a comprehensive range of services designed to ensure a seamless and successful investment experience:
Provision of Comprehensive Business Information and Conditions
We deliver in-depth insights into Uzbekistan’s business environment and investment conditions. Our detailed information covers economic trends, regulatory frameworks, and market opportunities, equipping foreign investors with the knowledge necessary to make informed and strategic investment decisions.
Assistance in Identifying and Securing Optimal Locations and Land
Our agency excels in guiding investors to suitable locations and land for their projects. We streamline the process of site selection and acquisition, ensuring that investors find the most strategic and advantageous sites for their investments.
Prompt Resolution of Emerging Issues
We are dedicated to swiftly addressing and resolving any challenges that may arise during the investment process. Our proactive approach ensures that investors experience minimal disruptions and maintain a smooth operational trajectory.
Provision of Sectoral Analysis and Investment Reports
We offer invaluable sectoral analyses and investment reports that provide a thorough understanding of market dynamics and emerging opportunities. These resources are crucial for making well-informed investment choices and capitalizing on market trends.
Facilitation of Strategic Meetings with Government and Local Business Leaders
We arrange and coordinate meetings with key governmental bodies and influential local business leaders. This service fosters essential networking and collaboration, enabling investors to establish valuable connections and engage with relevant stakeholders.
Other services for the effective implementation of investment activities.
We provide a range of additional services to ensure the successful implementation of investment activities, tailored to the specific needs of each investor.
FAQs
What privileges and preferences have potential foreign investors when invest in Uzbekistan?
The Law "On Investments and Investment Activities" of the Republic of Uzbekistan, which came into effect on January 27, 2020, provides a comprehensive framework for both domestic and foreign investments. The legislation outlines various guarantees for investors, including protection from nationalization, free transfer of funds, and transparency in government decisions related to investments. The law also introduces new support mechanisms such as investment tax credits and subsidies. According to Article 51 of the law, the state may offer several benefits and preferences to support investments, including:
Transfer of state-owned assets to investors on preferential or free terms
Tax and customs privileges
Reimbursement of expenses for engineering communications
Preferential loans for investment projects
Subsidized interest rates on investment project loans
Other forms of support as provided by law
What relevant projects in the field of PPP (public-private partnership) are proposed by the Government of the Republic of Uzbekistan for foreign investors today?
How is the inviolability of private property of foreign investors protected? Is there any regulatory framework for protecting the rights of foreign investors?
We’ve heard about the newly created free economic zones (FEZ) in Uzbekistan. Can you tell us about the benefits and preferences of projects located in the territory of these zones?
Are there any state-owned companies that have put up for sale their shares and bonds?
Is there any special visa support for foreign investors?
What are the guarantees from the government’s side in terms of protection the rights of foreign investors?
Government and State Entities
