Investment Projects for the Development of Gold and Other Metal Deposits

11 400 000 000 USD

Project information

Number of Deposits

38

Sector

Mining and metallurgy

Project status

Open for investment

Contact person

+998 (71) 202-02-10 (503) uzipa@invest.gov.uz

Project goal

The development of the sector is driven by the expansion of exploration activities for new raw material sources within known ore regions and new promising areas in Meso-Cenozoic formations. The project provides for the auction-based sale of exploration and mining rights for gold and other metals at approximately 38 deposits across the Republic of Uzbekistan.

Infrastructure 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

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