Uzbekistan

1
Uzbekistan

• Athens, Greece
• 2-3 April, 2009

2
Country economic profile

• Largest consumer market in Central Asia with
  population of about 27 mln
• Stable economic environment average GDP growth
  of 8 in 2004-2008
• Growing private sector share of SMEs in GDP
  increased from 30 in 2000 to 48 in 2008
• Overall business environment is improving despite
  certain deficiencies in banking services, import
  regulations, access to inputs etc.
• Selected Human Development indicators
• Adult literacy rate 96.9
• GDP per capita (PPP based) 2189 USD.

3
Investment sectors

• Agriculture and agro processing
• Furniture and fittings
• Transport infrastructure services
• Travel and tourism services.

4
Investment Sector Overview Agricultural Sector

• One of the largest agricultural producers, but
  only about 15 of its production is processed
• Sector is largely dominated by small producers
  good basis for b2b cooperation
• Good opportunities for
• exports of fruits and vegetables (apples, grapes,
  tomatoes, peppers, mountain herbs etc)
• processing of agricultural products (juices,
  nectars, concentrates etc).
• investments into milk and meat processing.

5
Opportunities in Agriculture

• Investment opportunity in juice and concentrates
  production
• Investment into creation of modern laboratory
  testing system in Uzbekistan.
• Access to EU markets (supply chains) is required
  to support further expansion of production.
• Investment opportunity in milk and meat
  processing
• Investment into production of quality yogurt,
  cheese, ice creams, sausages etc.
• Introducing quality brand products in the
  domestic market, which is currently dominated by
  imported goods or low quality local foods.

6
Investment Sector Overview furniture production

• Market is highly segmented into imported luxury
  goods and low cost low quality goods
• There is strong demand for good quality
  affordable goods (medium segment)
• There are a number of tax privileges for local
  production and their sales.

7
Opportunities in furniture sector

• Investments required into production of furniture
  and promotion of locally produced brand products
• Local producers available for possible JV
  arrangments
• Good opportunities for B2B cooperation among
  producers and service providers.

8
Transport infrastructure services

• 181 thousand km of developed automobile roads
  network in Uzbekistan
• Over 700 million tons of international cargo,
  more than 4 million passengers annually
  transported via automobile roads
• Transport infrastructure services are
  concentrated in major cities, while services
  along major highways are not developed.

9
PPP opportunities in transportinfrastructure
services

• Creation of roadside infrastructure along Great
  Silk Road, consisting of the following services
• Motel, mini market, restaurant, pharmacy, auto
  repair services, parking etc
• In total 8 service points along
  Tashkent-Samarkand-Bukhara-Khiva highways are
  identified for development, project documentation
  is available
• Estimated budget of the project is Euro 4 mln.,
  of which 30 is own funds of project initiators
  KARVON SAROY SERVIS.

10
Investment Sector OverviewTravel and Tourism

• Samarkand, Bukhara and Khivaetc with over 4000
  historical monuments and sites
• Opportunities for other types of travel and
  tourism such as ecotourism, mountains etc
• Over 2 mln visitors every year, including large
  number of people from Germany, France, Belgium,
  Japan, South Korea, Malaysia
• Uzbek Airways has direct flights and good
  connections with all major international airports.

11
Opportunities in Tourism Sector

• Investment and partnership opportunity for
  creation of hotel operating company
• Setting up hotel operating company, possibly by
  entering into franchising agreement with foreign
  brands
• Creation of central reservation system (CRS)
  connecting to hotels, tour operators, airways,
  transport firms, etc
• European partners required to support the project
  and its integration into international markets
  (hotel chains, booking systems).

12
Contact Info

• Mr. Narzullo Oblomurodov
• Project Manager
• Business Forum of Uzbekistan Project
• UNDP / UZBEK CHAMBER of COMMERCE and INDUSTRY
• Tel. [phone] Fax. [phone]
• Email. narzullo.oblomurodov_at_chamber.uz

Uzbekistan