The chamber needed two attempts, by Spot.uz’s account; approval came at the 8 August session and was reported in detail on Monday. The targets attached to the zone run to 2030: 1,000 international companies, more than 300,000 jobs, $5 billion in IT exports.
This is the region’s fourth rented-jurisdiction perimeter, after Kazakhstan’s AIFC in 2018, Kyrgyzstan’s Tamchy zone, and Uzbekistan’s own TIFC, whose constitutional law entered into force on 25 July. The second Tashkent perimeter arrives within a month of the first entering into force, and it is chartered for 74 years.
The same session moved two more items in business’s direction: a company that pays half of a fine within a month of the decision will be released from the other half, and privatization results are protected from review or annulment.