Production of air conditioners in Uzbekistan

55 000 000 USD

Project information

IRR

24%

NPV

$20.3 million

Sector

Electronics

Project status

Open for investment

Contact person

Industry Outlook

Uzbekistan is actively developing its copper industry as a strategic driver of economic growth. In line with Presidential Decree No. PQ-5159 dated June 24, 2021, the country is establishing a Copper Industry Cluster aimed at creating a multi-stage value-added chain — "from raw materials to finished products."

The cluster focuses on deep copper processing, with the goal of increasing the share of high value-added products to 80%. Planned outputs within the cluster include the production of cables, pipes, fittings, copper powder, components for electric transport, and elements for renewable energy systems.

The Almalyk Mining and Metallurgical Complex (AMMC) plays a central role in the project, producing 148,000 tons of copper cathodes annually, with plans for significant production expansion. The cluster will also promote the development of machinery manufacturing, the chemical industry, and the expansion of educational and research programs.

Uzbekistan invites interested companies and investors to participate in the Copper Industry Cluster, offering extensive opportunities in manufacturing, innovation, and technological development.

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

Project location