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February 3, 2017



Specialized innovative technoparks will be built in Yashnobod and Olmazor districts of Tashkent in the near future.

A draft regulation on their establishment was developed by the Ministry of Economy of Uzbekistan at the initiative of Shavkat Mirziyoyev during the election campaign and meetings with voters in the capital last November.

The technopark in Yashnabad district is created for research and establishment of small innovative enterprises in the field of materials science, electronic devices and controllers, food and dietary supplements, medicines. The technopark in Almazar district will be responsible for the development of metal processing technologies, energy saving, alternative energy sources and electronic instrumentation, robоtics, mechanical engineering and electronics.

Its key objectives include the conduct of innovative research, establishment of pilot industrial and small innovative enterprises for the production of high-tech, competitive, domestically and internationally marketable products. They will also deal with transfer of advanced foreign technologies and their introduction in domestic producers, involving domestic and foreign investors capable of establishing high-tech and innovative manufactures.

Among other things, the technoparks are entrusted with building close cooperation between higher education institutions, academia and industry to make research and innovative projects more effective, and involve researchers, highly qualified professionals, practitioners and students in this process.

At the same time, members of technoparks will be exempt from land tax, income tax, legal entity property tax, tax for improvement and development of social infrastructure, single tax payment for microfirms and small enterprises, as well as mandatory contributions to specialized government funds.

It is also planned to provide them with benefits in paying customs duties for equipment, raw materials, reagents and components if they are imported for own production and construction needs. A privilege on allocation of soft loans for a period of at least seven years and a grace period of two years at an interest rate not exceeding the refinancing rate of the Central Bank is another incentive for technopark members.

A status of a technopark member will be provided for up to 10 years.