Oxus Interasia FZCO (Free Zone Company) plans to build a tobacco factory in the Tajik southern province of Khatlon. The enterprise is expected to be built in the Danghara Free Economic Zone (FEZ Danghara).
A draft investment agreement on this subject was approved by the Government of Tajikistan on March 1, 2023.
The document published on the Justice Ministry’s website of legal information, in particular, says the company intends to invest 20 million US dollars in the project at the initial stage. The implementation period of the first stage of the project is 18 months.
According to the document, the implementation period of the second stage of the project is six years and the budget for the implementation of the second stage of project is 7 million US dollars.
The annual capacity of the factory will be 6 billion cigarettes.
The draft investment agreement says Oxus Interasia FZCO is registered in Jebel Ali Free Zone and its head office is located in Dubai.
A Free Zone Company (FZCo) is essentially a Limited Liability Partnership (LLP) within the free zone, with the liabilities of the company limited to the paid-up capital. The shareholders of an FZCO can be from two to fifty individuals or non-individuals or a combination of both.
Jebel Ali Free Zone (Jafza) is one of the world's leading free trade zones. A DP World-owned company, the free zone was created in 1985 to promote trade and support container throughput at the Jebel Ali Port. Today it is one of the largest free zones globally and the region's most efficient logistics hub.
