Localization of electric water heater product components
15 000 000 USD
Project information
IRR
24%
NPV
$5,3 million
PP
3,5 years
Sector
Electronics
Project status
Open for investment
Contact person
Industry Outlook
7 production lines
18 types of electric water heater components
350 employees
Focus on key localized components and selective imports
Strategic location in Andijan region
Access to regional markets: Russia, Europe, Middle East
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
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