Uzbekistan

Uzbekistan

Introduces "one-stop-shop" and other services to assist investors

21 Jul 2023

On 21 July 2023, the President of Uzbekistan issued Presidential Decree No. UP-111, introducing further reforms to propel investment attractiveness, export potential, and ongoing industrial and trade development. The Decree introduces the "investment managers" within the Ministry of Investments, Industry, and Trade, providing dedicated support to investors throughout the project lifecycle, from resolving land acquisition issues to securing necessary permits.

Furthermore, the Foreign Investment Agency establishes an Investors Center, operating as a "one-stop-shop," to assist investors upon entry, facilitate visa processes (including investment visas), and set the stage for negotiations. Additionally, "Project Offices" will be instituted within ministries and departments to develop and implement new investment projects.

Nature of measure:
  • Facilitation
Type:
  • Promotion and facilitation (Investment facilitation )
Industry:
  • Not industry specific
Inward FDI:
No
Outward FDI:
No
Sources: