Uzbekistan Medical Devices Manufacturing Project Overview
Ministry of Investment, Industry, and Trade of the Republic of Uzbekistan presents a project for the production of medical devices, offering incentives, tax breaks, and access to various markets. With a focus on manufacturing capacity, financing, strategic location, and trade agreements, this project aims to attract investments for the growth of the medical device industry in Uzbekistan.
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Presentation Transcript
Ministry of Investment, Industry and Trade of the Republic of Uzbekistan Production of medical devices Project overview Business model: manufacturing facility with production capacity of 550-600 thsd units of blood glucose meters, tonometers, thermometers, pulse oximeters and compressor inhalers per year. Production process for medical devices production Project scope Financing Development of medical devices manufacturing plant 90 mln USD Incentives Infrastructure development at state cost* (project cost exceeding 15 mln USD) Research and development Design and Engineering Production and Validation Quality control Across the Republic, 6 FEZs specialized for pharmaceutical industry offer tax breaks on land, property, water and CIT. (CIT - applied for investments over 3 mln USD) Project description Domestic market Existing 5 neighbor markets Russia, Europe, Middle East markets 6 production lines 5 years if investment is between 3 5 mln USD 3 years if investment is between 0,3 3 mln USD Capability to produce various medical devices ~350 employees Exemption from taxes Production and trade volume of medical devices (2024) 7 years if investment is between 5 10 mln USD 10 years if investment is over 10 mln USD Import Consumption Consumption (CA) Infrastructure Gas 12 cents/m 167 thsd pcs 167 thsd pcs 500 thsd pcs Electricity 7 cents/kWh Water 20 cents/m
Ministry of Investment, Industry and Trade of the Republic of Uzbekistan We invite to invest in medical devices manufacturing in Uzbekistan Project overview Competition: Uzbekistan offers highly competitive structure of operating costs for manufacturing of finished goods internationally Trade agreements GSP+ allows to export to EU at reduced zero tariff 6 200 products. agreement CIS Agreement more integrated and open market CIS countries. Free Trade creates or for Average electricity cost, US cents per m3 Average wage, USD ths per month Medical Devices import to Uzbekistan, USD mln Top-7 medical devices exporters, USD bln with 10,8 2,2 4,5 10 USA Location 9,4 8,9 3,5 25 Germany 4,6 0,07 4 18 Singapore Tashkent region 4,3 1,8 3 20 Japan 4,2 12 1,3 12 China Tashkent region 3,2 1,4 3,2 19 UK Size 15 300 km 2,4 2,3 3,5 15 Netherlands Uzbekistan Population 3 million 0,003 0,4 7 Availability of labor in medical industry Local medical devices manufacturers can benefit from: Higher education institutions: 7 - Growing number of hospitals and demand for medical devices - Availability of skilled & unskilled labor - Building on existing infrastructure and distribution networks Faculties of higher education: 9 - Infrastructure development at state cost - Incentives: Free economic zones offer tax breaks on land, CIT, water Number of graduates: 1 200
Ministry of Investment, Industry and Trade of the Republic of Uzbekistan On the strategic international logistics corridor Sankt-Peterburg Tallin Latvia Riga Moscow Klaipeda Hamburg Minsk Berlin Brest Povorina Kyiv Essen Lviv Kandiagash Paris Volgograd Chop Aktogay Ulan-Bator Saksaulskaya Astraxan Beyney Bayangal-Mangal Osh Kashgar Malatya Mersin Mazar-i- Sharif Saraxa Xirat Afghanistan Peshavar Iran Pakistan Bandar-e- Abbas Chakhbahar Karachi
Ministry of Investment, Industry and Trade of the Republic of Uzbekistan Excellent air connectivity from Tashkent and other Uzbek airports New York A visa-free policy for tourists from 90 countries Diverse range of 59 carriers in Uzbekistan s airport 11 airports across the Country, the main airports are Tashkent, Samarkand and Bukhara
