Chirchik Chemical-industrial technopark will be set up in the Tashkent province in cooperation with the Tatarstan’s Khimgrad technopolis. The relevant decree was signed by the President of Uzbekistan on February 3.
The technopark will be located at the research and production association for the production of rare metals and hard alloys of the Almalyk Mining and Metallurgical Plant and the metallic sodium plant of the Maksam-Chirchik enterprise on 31.24 hectares.
The main areas of work of the technopark will be:
- attracting foreign and domestic investments to launch production of high-value-added import-substituting products that are in demand on the foreign market;
- creation of energy efficient, ecofriendly production facilities in accordance with international standards;
- expansion of production in the Tashkent province to boost exports of products by ensuring the integrated and efficient use of the production and resource potential of the province;
- expediting the processes of production and localization of high-tech products based on local raw materials and materials through the establishment of strong ties of industrial cooperation between the participants of the technopark and throughout the country;
- creation of a unified production infrastructure, as well as an infrastructure for the provision of certification, laboratory services, personnel training services and other necessary services for technopark residents.
The validity term of the technopark will be 30 years with the possibility of extension.
Separate tax, customs and currency regimes established for special economic zones will be valid for the technopark. At the same time, tax reliefs defined by the Tax Code and the Special Economic Zones Law, as well as customs duties benefits are provided for 10 years, regardless of the volume of investments made by the technopark residents.
The State Fund for Business Support will provide guarantees to technopark residents as part of the implementation of investment projects, including up to 50% of the amount of bank loans allocated for working capital, but in an amount not exceeding 8 billion soums. In addition, technopark residents will receive compensation to cover interest on loans allocated for the implementation of investment projects.
