Thursday, 28, March, 2024

The President Shavkat Mirziyoyev signed the Measures to develop public-private partnership in the field of airport management in the republic Decree, the Ministry of Justice said.

As per the decree, the Uzbek airports will be reconstructed, modernized, operated and managed under public-private partnership terms.

While, for the implementation of the relevant works, the following reliefs are provided for a period of three years:

- private partners are relieved from paying customs duties for imported special vehicles, road construction equipment, machines, mechanisms, equipment, raw materials, materials, spare parts, components, assemblies, technological and project documentation, software;

- recycling fee for imported vehicles and special equipment;

- private partners and airports shall pay income tax, including income tax withheld upon payment of dividends, in the amount of 50 percent of the established rate;

- the established property tax rate for airports is cut by 50 percent.

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