Localization of refrigerator product components

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Localization of refrigerator product components

Production and Trade Volume
Industry Outlook

Production

200 USD mln

Export

120 USD mln

Import

85 USD mln

Consumption (Uzb)

100 tons

Consumption (CA)

950 USD mln

7 production lines

27 types of refrigerator components

350 employees

Focus on both localized and imported components

Strategic location in Namangan region

Access to Russia, Europe, Middle East markets

Region

Namangan

Uzbekistan

Financial indicators

IRR

26%

NPV

$7 million

PP

3,2 years

Infrastructure status

Infratructure 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

Labour availability

Uzbekistan offers a skilled and cost-effective labor force, ideal for the manufacturing sector. In this field the country has:

- 24 higher education institutions

- 32 faculties

- 4 000 graduates annually

Privileges and Benefits

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