Production of paint and lacquer products
136 000 000 USD

Project information
IRR
22%
NPV
$47,6 million
PP
5,7 years
Sector
Building materials
Project status
Open for investment
Contact person
Industry Outlook
Uzbekistan’s construction industry is one of the fastest-growing sectors of the economy, driven by rapid urbanization, large-scale infrastructure projects, and industrial modernization programs. The sector plays a key role in meeting domestic demand for cement, ceramics, glass, metal structures, insulation materials, and prefabricated building components.
Currently, Uzbekistan produces over 20 million tons of cement annually and is actively expanding its export capacity to neighboring Central Asian countries and Afghanistan. For investors in the construction materials sector, special industrial zones and investment incentives are available, including customs and tax benefits.
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:
- 28 higher education institutions
- 36 faculties
- 3 000 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