Extends FDI incentives and preferential agricultural financing in less developed districts
25 Jun 2025
On 25 June 2025, Presidential Decree No. UP-97 of 23 June 2025, entitled “On additional measures to stimulate the attraction of foreign direct investment into the country”, entered into force. The Decree expanded the scope of Presidential Decree No. UP-3594 of 11 April 2005 by extending tax benefits for foreign direct investment to business entities registered and operating in districts of the Tashkent Region classified as categories 4 and 5, and by adding growing agricultural products to the list of eligible economic sectors. Categories 4 and 5 refer to the official national classification of districts based on their level of socio-economic development, with these categories designating less developed territories eligible for enhanced State investment incentives.
In addition, through amendments to Presidential Decree No. PP-52 of 15 December 2021, the measure introduced a preferential loan scheme for agricultural enterprises engaged in the cultivation of fodder crops for the livestock industry, providing loans of up to 15 million soums per hectare, repayable within six months, at an interest rate not exceeding the Central Bank base rate.
Nature of measure:
Type:
-
Promotion and facilitation (Investment incentives)
Industry:
-
Not industry specific
-
Primary (Agriculture, forestry and fishing)
Inward FDI:
Yes
Outward FDI:
No
Sources:
-
resident of the Republic of Uzbekistan SH. MIRZIYOYEV, ON ADDITIONAL MEASURES TO STIMULATE THE ATTRACTION OF FOREIGN DIRECT INVESTMENT INTO THE COUNTRY, https://lex.uz/en/docs/7598593, 23 Jun 2025
-
resident of the Republic of Uzbekistan SH. MIRZIYOYEV, О ДОПОЛНИТЕЛЬНЫХ МЕРАХ ПО СТИМУЛИРОВАНИЮ ПРИВЛЕЧЕНИЯ ПРЯМЫХ ИНОСТРАННЫХ ИНВЕСТИЦИЙ В СТРАНУ, https://lex.uz/en/docs/7598593, 23 Jun 2025
