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PARKS AND HOTELS OF UZBEKISTAN ARE EXEMPT FROM CUSTOMS PAYMENTS

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PARKS AND HOTELS OF UZBEKISTAN ARE EXEMPT FROM CUSTOMS PAYMENTS

By the Decree of the President Shavkat Mirziyoyev of February 3, 2018, it is envisaged to open credit lines of the Fund of reconstruction and development of Uzbekistan for the purpose of allocation of loan funds to entrepreneurs of the tourism industry for co-financing investment projects on construction of hotels, adjacent to road, engineering and communication infrastructure, in order to support business activity in tourism.

By January 1, 2022, theme parks, hotels and other accommodation facilities are exempt from paying customs duties for imported equipment, machinery, raw materials, components and spare parts, construction and other materials not produced in Uzbekistan, for construction, renovation and equipping of theme parks, hotels and other accommodation.

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