"PRODUCTS MANUFACTURED IN THE FIZ "ANGREN" ARE IN DEMAND BОTH IN THE DOMESTIC MARKET AS WELL AS AMONG FOREIGN CONSUMERS"

Italian monthly newsletter Tribuna Economica published an article about the ongoing reforms in the field of modernization of the industrial sector, as well as investment potential on the example of Free Industrial Economic Zone "Angren" in our country.

As the newspaper notes, the company SACMI (Italy) in collaboration with Gulf Cable Trading Company (China) is launching production of building materials from ceramics, plastic and granite in the near future in the FIEZ "Angren", which is one of the economically attractive areas to invest for foreign direct investment.

"Every year it is planned to issue up to 4.5 million square meters of production. In 2017 there will be launched a large industrial project for the processing of plastics with the creation of about 1,200 jobs", - the author writes.

Tribuna Economica also informs its readers that special tax and customs regime comes into effect on the territory of the FIEZ "Angren" and appropriate preferences are set up for foreign investors. In particular, as highlighted in the article, investors are exempt from paying taxes on income, property of legal entities, improvement and development of social infrastructure, single tax payment (for small businesses), compulsory contributions to the Republican Road Fund.

"Products manufactured in the FIEZ “Angren" are in demand in the domestic market as well as among foreign consumers", - states the Italian edition.

Jahon Information Agency, Rome