The authoritative South Korean magazine “The Korea Post” published an article “The Urgut Free Economic Zone continues to provide great opportunities for investors.
The article notes that the Urgut Free Economic Zone (FEZ), created in 2017 at the initiative of the President of Uzbekistan, specializes primarily in mechanical engineering, automotive industry, as well as the processing of fruits and vegetables.
“Currently, 63 projects are being implemented in the economic zone with a total cost of 302.7 million US dollars. About 5,000 people received new jobs in the SEZ, the article says. “There is a special economic regime for investors in the territory, which gives financial and customs preferences, which makes it possible to reduce the cost of starting production.”
In conclusion, the publication gives 11 advantages of investing in the Urgut FEZ:
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