Projects of the Republic of Karakalpakstan
3 887 000 000 USD

Project information
Average IRR
15.2%
Total Investment
$3.887 billion
Sector
Construction & Real Estate
Project status
Open for investment
Contact person
Outlook of the region
Karakalpakstan presents strong opportunities in agriculture, textiles, eco-friendly manufacturing, and renewable energy. Rich in natural resources like oil, gas, and minerals, it also benefits from a strategic location bordering Kazakhstan and Turkmenistan, making it ideal for trade and logistics.
The region supports drought-resistant crops and agricultural processing, while its cultural landmarks—such as the Savitsky Museum and Aral Sea sites—boost tourism potential.
With its natural wealth and growing markets, Karakalpakstan is an attractive destination for investment.
Infrastructure costs
Uzbekistan offers competitive infrastructure costs, making it an attractive location for manufacturing investments. Key costs include:
- Gas: 12 cents per m³
- Electricity: 7 cents per kWh
- Water: 20 cents per m³
Trade access
GSP+ agreement allows to export to EU at reduced or zero tariff for 6 200 products. CIS Free Trade Agreement creates more integrated and open market with CIS countries.
Tax holidays
Investors in Free Economic Zones (FEZs) can benefit from tax exemptions on land, property, water, and corporate income tax (CIT).
3 years: for investments between 0.3 - 3 million USD
5 years: for investments between 3 - 5 million USD
7 years: for investments between 5 - 10 million USD
10 years: for investments over 10 million USD