Tashkent City International Business Center

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1 Tashkent City International Business Center 1

2 Uzbekistan Key Facts Location: Central Asia - borders with Kazakhstan, Tajikistan, Kyrgyzstan, Afghanistan and Turkmenistan Capital: Tashkent (2.4 million people) fourth most populous city in CIS after Moscow, St.Petersburg, and Kiev Population: 32.1 million people ( ) half of the region s total population more than 130 different ethnic groups Area: 448,900 sq km Administrative division: 12 provinces, 1 autonomous republic National currency: sum 2

3 Foreign investment related legislature 3

4 Economy of Uzbekistan is one of the fastest growing Real GDP growth Uzbekistan Kazakhstan Russia World , , ,7 0, ,5 1,7 1, , The Economist Intelligence Unit, на январь 2017 г. 4

5 Credit ratings indicate healthy public finances of Uzbekistan Country credit rating Agency Country + BBB + BB + B Turkmenistan Uzbekistan Kazakhstan Azerbaijan Russia Armenia Georgia Serbia Kyrgyzstan Mongolia Belarus Moldova Ukraine "Junk bonds" Standard & Poor s, Moody s, Fitch, Dagong 5

6 Uzbekistan has the third largest domestic market in CIS Population Russia 143 Ukraine Uzbekistan Kazakhstan Azerbaijan Belarus Tajikistan Kyrgyzstan Turkmenistan Moldova Armenia United Nations, World Population Prospects: The 2015 Revision, на 1 июля 2015 года, Human Development Report 6

7 Low production costs in Uzbekistan Cost of electricity for business: USD per 1 MWt Uzbekistan Kyrgyzstan Russia Украина Казахстан Беларусь Германия Япония ИСТОЧНИК: Поиск в прессе 7

8 Population structure: young and economically active Population growth Age distribution of population +1,1% +1,4% +1,5% +1, ,5 25,9 27,7 29,9 32, UNDP January

9 High density of population favors development of retail networks Population density, number of residents per sq km Uzbekistan 70 Tajikistan 49 Kyrgyzstan 27 Most densely population regions Turkmenistan 11 Russia 8 Kazakhstan 6 ИСТОЧНИК: Всемирный Банк, Stratfor, Министерство Экономики Республики Узбекистан 9

10 FDI remains low compared to neighboring countries FDI in Uzbekistan, millions of USD FDI by country, percentage of GDP ,4 Azerbaijan 17, Georgia 12, Kyrgyzstan 8,0 884 Kazakhstan 7, Ukraine 4,6 1, Uzbekistan 2,4 Russia 0, Снизился с 3% в 2013 г. ИСТОЧНИК: The Economist Intelligence Unit, на январь 2017 г. 10

11 Tashkent City IBC: location

12 Tashkent City IBC: public transportation network

13 Tashkent City IBC: green zones

14 Tashkent City IBC: dimensions

15 Tashkent City IBC: architectural vision

16 Tashkent City IBC: architectural vision

17 Tashkent City IBC: architectural vision

18 Tashkent City IBC: architectural vision

19 Tashkent City IBC: architectural vision

20 GFA (Gross Floor Area) Distribution Construction type Area (sq.m.) Residential 434,450 Retail 263,000 Offices 192,000 Conference Hall 62,000 Hotels 150,000 Museum 3,200 Recreation 280,000 Sports Facilities 40,000 Parking 306,000 Kindergarten and School 20,000 Total Area 1,750,650

21 Governing body of Tashkent City IBC Governing body is the Administrative Council headed by the Prime Minister of the Republic of Uzbekistan. Working body of the Administrative Council is the Directorate of Tashkent City International Business Center.

22 2 Preferences and benefits for Tashkent City IBC investors By now, the Government of Uzbekistan has adopted - the statute of the Administrative Council; - the charter of the Directorate; - the rules and procedures on investor selection. Currently, the Government of Uzbekistan is drafting legislative documents that will - provide tax and customs benefits for investors; - expedite visa and residence permit processing for the staff and consultants of investors.

23 2 For Tashkent City IBC investors To officially express their interest in Tashkent City IBC project, a prospective investor needs to submit the following documents to the Directorate of Tashkent City IBC: - official letter of intent specifying the type of preferred development and estimated amount funds to be allocated; - summary of the investment project; - annual financial report for the previous year; - letter about financial standing from the investor s bank.

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