DUSHANBE, march 18, 2009, Asia-Plus — Establishment of free economic zones (FEZ) will allow increasing foreign investment flows as well as improving the country’s export potential, the head of the Union of Entrepreneurs and Exporters of Tajikistan, Mr. Nekroi Zobirov, said in an interview with Asia-Plus.
According to him, lack of taxes and customs duties could be the main factor contributing to attraction of foreign and local investors.
Meanwhile, he noted that there were a number of terms that could affect development of free economic zones in the country.
“Thus, the cost of certificate for operating within free economic determined at 5,000 US dollars, the compulsory condition to renew up to 90 percent of equipment, as well as the initial investment requirements determined at 500,000 US dollars may become obstacle on the way of development free economic zones in Tajikistan,” Zobirov said, pointing to the necessity of reviewing the mentioned requirements.
