Category: News

Visit of the republican media representatives to Sughd FEZ

Visit of the republican media representatives to Sughd FEZ

Journalists from the republican televisions and print publications and online sources made a press tour to free economic zones of Tajikistan. The Ministry of Economic Development and Trade of the Republic of Tajikistan organized the press tour. The goal of the tour was to demonstrate the results of the activities of Tajikistan’s leading FEZs and introducing the innovations and achievements that they have today.

On July 18, journalists arrived in the Sughd FEZ. The first enterprise they have visited was Ariana Metal Plastic engaged in production of children’s toys, which was launched solemnly in October 2018. Now the company produces children’s bicycles, strollers, walkers, cars, plastic dressers, which are gradually displacing Chinese imported counterparts from the local market. In the first half of this year, the production volume of the company reached 8 million TJS. According to the director of the company Dilorom Umarova, they do not intend to stop at what has accomplished in Ariana Metal Plast. In order to diversify the range of products, the company plans to produce various plastic household products.

Then the journalists were acquainted with the activities of the paint and varnish company Silkoat boya. The leading Tajik-Turkish enterprise produces about 120 types of products for facade and interior decoration of buildings. Products sold throughout the country, as well as exported to the countries of Central Asia. Now, the negotiations are underway to supply products to the Russian market.

Also, representatives of the Mass media visited the factory for the manufacture of PVC window profiles Ravzana Plastik, where the director of the company Ilhom Sangin told about the history of one of the first subjects which believed in the prospect of the FEZ. Now the company consistently supplies high quality certified products under the MANZIL trademark to the Tajik market.

The final point of the press tour were the enterprises of Archa and Archa Mebel, which advanced in the wood processing industry of Tajikistan by producing quality products at affordable prices. The journalists visited the exhibition complex, where a large assortment of products manufactured by enterprises are represented – wooden doors and windows, furniture for preschool, educational, administrative, medical institutions, furniture for the home, office and much more. The products of the enterprises were nominated for the best product of the year. A Chairman of the Board of Directors Mr. Narzullo Dadoboev shared with journalists the information about the company’s development strategy and plans.

On July 22, the press tour will continue its excursion in the Khatlon area, Dangara FEZ.

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Ecologically clean honey will be produced in Sughd FEZ

Ecologically clean honey will be produced in Sughd FEZ

In the last decade of June, a new subject of Sughd FEZ – the branch of Canadian company – Hantana Canada Inc. received a certificate that gives it the right to use tax and customs benefits presented to the subjects of Free Economic Zone “Sugd”.

The company intends to produce high-quality honey by filtering and processing it via modern technologies.

The production is going to be organized in a modern mini-factory, equipped with advanced equipment and inventory. After the process of purification of honey from impurities, the finished organic product will be packaged in glass jars with volumes from 80 ml to 700 ml and special 7 to 10 gram spoon containers. In order to diversify the range of products, the company plans to produce honey with various spices.

The declared volume of investments in the project will be more than 500 thousand US dollars, which will be carried out at the expense of own funds of a Canadian investor.

Within the framework of this project, finished products will be exported to the markets of the USA, Canada, Saudi Arabia, the United Arab Emirates and European Union countries, since these countries are the largest importers of honey. The product will be designed to meet the needs of the population, restaurants, cafes and health organizations.

Raw materials – natural honey, will be purchased from local large suppliers, with which there is already an agreement. Packaging and labels for packaging will be purchased from Chinese and Turkish manufacturers. In case of increase in export volumes, the company intends to produce its own glass packaging.

The company plans to begin production already this year and by 2020 to increase the volume to 55 tons per year. More than 20 workers will be involved in the mini-factory.

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Participation of Sughd FEZ in the International Investment Forum “Kulob-2019”

Participation of Sughd FEZ in the International Investment Forum “Kulob-2019”

The International Investment Forum “Kulob-2019” was held on June 14 in Kulob city of Khatlon region.

The event was attended by local and foreign entrepreneurs and investors, government officials, development partners, Tajik diasporas, specialists and experts.

As part of the forum, an exhibition of the achievements of the national economy of domestic producers was organized, where in one of these pavilions Sughd FEZ has presented the products of its enterprises to the guests.

Four panel sections continued the work of the forum, among which the topic “Free economic zones as a factor in accelerating the industrialization of the Republic of Tajikistan” was discussed among the participants of the event. The Head of the Administration of Sughd FEZ – Firdavs Olimzoda made a presentation on the activities of Sughd FEZ. Firdavs Olimzoda shared with information of ten years development experience, which can be applied to the new Kulob FEZ created at the beginning of this year.

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Sughd FEZ acted as a partner of an international scientific and practical conference

Sughd FEZ acted as a partner of an international scientific and practical conference

On June 7-8, a two-day international scientific-practical conference under the theme “Improving the competitiveness of the national economy of the Republic of Tajikistan in the context of globalization” took place in Khujand city. The event was dedicated to the 30th anniversary of State Independence and was considered relevant and timely due to the implementation of the fourth national development strategy of the Republic of Tajikistan – the accelerated industrialization of the country.

The conference was organized by the Institute of Economy and Trade of the Tajik State University of Commerce in Khujand city with the support of the Executive body of Sughd province, Sughd Free Economic Zone and the United Nations Development Program (UNDP).

The conference was attended by representatives of academic and business circles, teachers and students of republican and regional universities, foreign guests from Uzbekistan, Bulgaria and Russia. Representatives of the Administration and the subjects of Sughd FEZ took an active part in the event.

The first day of the conference was held in plenary session, where reports and presentations of the event participants were heard: the role of business associations in the development of entrepreneurship, co-working centers and their impact on the development of startups, the impact of banking products on business competitiveness, the place of universities in the development of entrepreneurship, the legal aspects of constitutional fundamentals in doing business in some SCO countries and others.

Head of the Department for International Relations and Attracting Investments of the Administration of Sughd FEZ Mirzoyon Mirzomanon made a report where he noted the importance of using the FEZ platform to accelerate the industrialization of the country and as a factor of increasing the competitiveness of industrial sectors in the context of globalization.

The second day of the Conference will be filled with sectional sessions on various topical issues within the framework of the conference’s target field.

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Annual activity results review at the press conference

Annual activity results review at the press conference

On February 7, this year there was held a press conference in the Administration of Sughd FEZ with the participation of representatives of local and regional mass media.

The head of the Administration Firdavs Olimzoda summarized the work for 2018 and defined the mainstream development and growth in 2019.

To date, 24 subjects (entities) in the Sughd FEZ are entitled to privileges and preferences. “Next year, based on our forecast we are planning to increase the number of our subjects up to 30” he noted.

In 2018, two large enterprises of FEZ were officially launched, where the President of the country Emomali Rahmon took part in their opening ceremony. The Tajik-Turkish enterprise “Archa-Mebel” produces a wide range of furniture. The owner invested 9 million TJS to its construction. The second enterprise is “Ariana Metal Plast” engaged in the production of metal-plastic products. The plant has already started the production of children’s cars, wheelchairs, bicycles, walkers etc. The product range will be expanded at the nearest future, and the company will produce 36 types of items, in particular, household goods, fans, and various plastic parts for cars and household appliances. The company established by domestic entrepreneurs, who have invested more than 14 million TJS for the building works.

At the eve of official opening of mentioned subjects several preparation and construction works were carried out in the territory of FEZ, such as repair and asphalting of a part of the roadway, lighting of the area, decorative gardening and decoration of the access site. Works are continued on the construction of an administrative building.

At the press conference, also annual statistical indicators were announced that marked a growth trend. According to F. Olimzoda, the volume of production in 2018 increased by 36 million TJS compared with 2017 and amounted to 116 million TJS. About 20% of production was exported to Kyrgyzstan, Uzbekistan, Turkmenistan, and Afghanistan in an amount of 17 million TJS.

In 2018, the subjects invested 19.7 million TJS. More than 500 people are employed in FEZ. Also, there were given figures that are deducted by subjects to the social and income tax budget and customs duties.

In 2018, in honor of the tenth anniversary of the creation of free economic zones in Tajikistan with the active participation of Sughd FEZ Administration the International Economic Forum “Sughd-2018” was held, where individuals and organizations made a special contribution to the development of the FEZ in Tajikistan were awarded.

It was also noted that the Administration of Sughd FEZ continues to cooperate actively with free zones of Kyrgyzstan, Kazakhstan, Uzbekistan, Belarus, and China. There are also agreements and memorandums of cooperation with international organizations leading to the implementation of joint projects.

Lastly, F. Olimzoda emphasized that the Administration of Sughd FEZ intends to fulfill the realization of goals set at the creation of FEZ.

After the completion of the report, the representatives of the media asked their questions of concern.

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Sughd FEZ subject founder awarded as the “Best Entrepreneur of 2018”

Sughd FEZ subject founder awarded as the “Best Entrepreneur of 2018”

December 21, 2018, in Sugdiyon culture palace of Khujand city the award ceremony for the winners of the contest “Best Entrepreneur of 2018” organized by the Chairman of the region Rajabboy Ahmadzoda was held. The purpose of the event was to render state support for entrepreneurship and promotion of active entrepreneurs of the region contributing to the development of the economy and society, raising production and services.

The competition lasted from April to December, this year, and the winners were determined in 8 directions and 42 ranks.

In particular, the CEO of Kedr Association Ochilov Dodokhon Ikromovich, who is the owner of several subjects in Sughd FEZ, became the winner in the nomination “The Best Entrepreneur of the Year for the Implementation of Innovative Technologies in the Industry”. The victory was awarded for the development of the industry and the use of modern technologies at Archa-Mebel company.

It should be noted that Archa-Mebel is a subject of Sughd FEZ and produces a wide range of different types of furniture, such as furniture for preschool, educational, administrative, medical institutions, for home, office, sports and playgrounds, and cinemas. This is one of the largest enterprises in its field, which meets all modern requirements and international standards.

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Production of metal ingots will be launched in Sughd FEZ

Production of metal ingots will be launched in Sughd FEZ

On December 21, 2018, at the meeting of the Commission for reviewing business plans and investment projects of applicants for obtaining the status of a subject of the free economic zone under the Ministry of Economic Development and Trade of the Republic of Tajikistan, the project of Okhankor LLC for setting up the production of metal ingots in Sughd free economic zone was approved. The company plans to start production next year. The investor plans to invest in the production of more than 1.8 million US dollars.

This will be the first entity in Sughd FEZ established at the expense of Uzbek investments that is revealing that at the background of renewal and improvement of Uzbek-Tajik relations.

The project envisages the construction of a modern metalworking mini-plant focused on the processing of ferrous metal. The production process will be carried out on modern equipment, which will ensure the environmental safety of production. Produced metal ingots will be exported to the Republic of Uzbekistan for further processing.

The aim of the project is to meet the resource needs of the regional market for metal products. In process of studying of the market, the enterprise plans to diversify the range of products. In addition to metal ingots, the range will be supplemented with fittings, metal profiles, squares, blocks, etc.

On December 22, 2018, the solemn presentation of the subject status certificate to the new enterprise took place in the Administration of Sughd FEZ. The head of FEZ Administration Firdavs Olimzoda wished the new company great success and good results.

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Construction works in a large manufacturing enterprise to be opened soon in Sughd FEZ

Construction works in a large manufacturing enterprise to be opened soon in Sughd FEZ

The subject of Sughd FEZ – OJSC “Ariana Metal Plast” is implementing a project for the production of metal-plastic products. Construction works in most of the workshops already completed. Currently, works are underway in separate buildings and shops and the territory is being upgraded.

In the test mode, the production of children’s toys (strollers, scooters, bicycles) has already begun. Advanced equipment was imported from China, and pellets used in production were imported from China and Iran. In addition to children’s toys, the company will produce household appliances, such as fans, various plastic parts for cars, etc.

The experimentally annual production volume is 48 thousand items. After the full launch of production capacity, the company is planning to increase the production volumes. The construction investment of the company is about 14 million TJS. The main part of the products will be exported to Kazakhstan, Kyrgyzstan, Russia, and Afghanistan.

The implementation of the project will employ more than 150 local people.

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Visit of Tajik entrepreneurs owning business abroad

Visit of Tajik entrepreneurs owning business abroad

On September 9, a group of domestic businesspersons who conduct their business activities abroad, in particular, in Russia and Kazakhstan, have visited Sughd free economic zone.

A tour to the subjects of FEZ – Archa and Archa Mebel was organized for the guests, during which they familiarized with the benefits and privileges granted to domestic and foreign investors.

We note that September 5 to 9, a forum of domestic business abroad held in Sughd region where more than 70 Tajik entrepreneurs have participated.

The forum was organized on the 27th anniversary of the Independence Day of the Republic of Tajikistan, as well as to present the potential of the region for future investments.

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Introduction of Sughd FEZ in the International Blockchain Summit 2019

Introduction of Sughd FEZ in the International Blockchain Summit 2019

January 21-23, this year an International Blockchain Summit 2019 held in the Chinese province of Hainan in Sanya city. The main purpose of the summit dealt with the discussion of the development and implementation of the blockchain system in countries where this technology less represented. For three days, such topics as the use of blockchain technology in the industry and crypto financing, business models and future trends were discussed. It should be noted that this technology is developing rapidly and is already being adopted by such large corporations as IBM, JP Morgan Chase, Microsoft, Visa, and Intel.

The summit was organized by the Clear Water Bay Information and Industrial Park Hainan in collaboration with the provincial government. The event was attended by several hundred people, such as investors, politicians, executives of business companies, academics and start-up owners from America, Asia, and Europe, including representatives of Central Asian countries.

The head of the Administration of Sughd FEZ Firdavs Olimzoda took an active part in the work of the summit.

Representatives of the participating countries shared their vision regarding the implementation of blockchain technology in their country, the role of this system in the economy, particularly in business development. Thus businesspersons from the USA, where the technology is already being successfully used in various spheres of economy, shared their experience in using the blockchain in farms, in particular in raising cattle.

Firdavs Olimzoda in his speech presented the activities of free economic zones of Tajikistan, which were created as a platform for the implementation and testing of innovative activities, and where business projects have been proposed, the scope of which is related to crypto-financing. The Republic of Tajikistan, which is open to innovation, in turn, is actively exploring this technology based on the experience of neighboring countries.

As part of the program, there were organized visits for participants to the largest corporations in the province, in particular to the Hainan free trade zone.

At the end of the summit, multilateral cooperation agreements were signed between the participating countries. Thus, the Administration of Sughd FEZ entered into a memorandum with the Information Industrial Park of Hainan on mutually beneficial cooperation, in particular, to open a representative office of Sughd FEZ and an exhibition hall for promoting goods of Tajik manufacturers. Space is provided by the park for annual free use.

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