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PRESIDENTIAL DECREE OF THE REPUBLIC OF UZBEKISTAN

of December 21, 2018 No. UP-5600

About measures for further enhancement of system of coordination and management of activities of free economic zones

In the country the legislation regulating activities of free economic zones is created, the controling mechanism by their activities due to decentralization of administrative functions and expansion of powers of administrative boards of free economic zones and small industrial zones in the Republic of Karakalpakstan, areas and the city of Tashkent is simplified (further - administrative boards).

At the same time, studying of practice of creation and functioning of free economic zones testifies to availability of the system problems and shortcomings interfering ensuring efficiency of their activities.

In particular, insufficiently effective work of administrative boards and directorates of free economic zones, and also poor development of transport and engineering and communication infrastructure complicate the accelerated implementation of investment projects and reduce their attractiveness for potential investors.

Duplication of functions of state bodies in the organization and coordination of activities of free economic zones leads to tightening of the solution of the organizational matters connected with implementation of investment projects.

For the purpose of further simplification of system of coordination and management of activities of free economic zones, improvement of conditions for investment attraction, ensuring the accelerated implementation of investment projects, the organization on this basis of new workplaces and increases in the income of the population:

1. Determine that:

the decision on provision of the parcel of land for implementation of investment projects is drawn up by the protocol of administrative boards on selection and placement of investment projects for realization in the territories of free economic zones without adoption of the separate solution of hokim of the area (city) on provision of the parcel of land;

condition of placement of projects in the territory of free economic zones is achievement of export volume at least 25 percent of the made products following the results of the second financial year of the beginning of activities within two years and at least 50 percent in the years ahead. At the same time in case of non-compliance with these conditions the subject of entrepreneurship loses participant status of the free economic zone with cancellation of earlier provided privileges;

adoption by administrative boards of the decision on project implementation in the territory of free economic zones is performed only in the presence of the positive conclusion SUE The Center of Complex Examination and Import Contracts under the National Agency of Project Management in case of the President of the Republic of Uzbekistan (further - the Center) according to business plans or feasibility statements on implementable projects;

the term of issue of the conclusion of the Center for business plans or feasibility statements on implementable projects shall not exceed twenty calendar days;

aggregate term of consideration by administrative boards of investment requests for placement of productions in the territory of free economic zones shall not exceed thirty calendar days, including process of issue of the conclusion of the Center;

the customs clearance of all goods imported by members of free economic zones using privileges on customs payments is performed in the presence of the positive conclusion of the Center for results of complex examination of inventories;

the term of issue of the conclusion of the Center for results of complex examination of inventories shall not exceed fifteen calendar days;

the privileges provided to members of free economic zones are applied only to products made in the territory of free economic zones;

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