A set of equipment for the production of electrical appliances from China was leased to "TOSH NUR PLAST" LLC.
Our another successfully financed project is TOSH NUR PLAST LLC (Tashkent).
JV "Uzbek Leasing International A.O." JSC leased a set of equipment for the production of electrical appliances to TOSH NUR PLAST LLC. The set consists of 2 (two) units of a thermoplastic machine - an injection molding machine model GEK 130WS, 1 (one) unit of a thermoplastic machine - an injection molding machine model GEK 260WS, 50 pieces of molds for molding plastic products of different sizes and 1 (one) crusher unit for crushing plastics.
The equipment manufacturer is ZHEJIANG GOLDEN EAGLE PLASTIC COMPANY CO., Ltd (People's Republic of China).
In the market of electrical products in Uzbekistan, TOSH NUR PLAST LLC is known under the brand name ER-BOS Electric Control Systems. The company was founded in 2016, and produces various types of wiring products using Turkish technologies. Currently, TOSH NUR PLAST LLC is one of the leading enterprises in the electrical industry in Uzbekistan. ER-BOS Electric Control Systems products are distinguished by high quality and affordable prices for consumers.
Today, "TOSH NUR PLAST" LLC produces more than 50 wiring accessories. The range of the Company's products is represented by the following electrical devices: - switches, sockets, terminal blocks (including special terminal blocks with USB 2.0 for charging mobile phones), plugs, identification boards, shields, lamp shades, accessories, etc. One of the successful activities of TOSH NUR PLAST LLC is the production of LED lamps, including lamps with batteries that do not require a charger and work for 3 hours without electricity.
For your information: The electrical industry in Uzbekistan is the most dynamically developing sector of the economy and has more than 450 enterprises. The range of manufactured electrical products is about 2 thousand items. The number of employees in the industry, depending on the workload of enterprises, averages about 22 thousand people.
Analysis of trends in the development of the electrical industry in the Republic of Uzbekistan showed that for the period of 2017-2021, the volume of manufactured products increased by more than 3.7 times, reaching 12.6 trillion soums.
In the field of production of electrical products, a number of benefits and preferences are provided, aimed at increasing the attractiveness and competitiveness of domestic products in foreign and domestic markets, as well as at introducing international quality standards and certification in the production of electrical equipment in Uzbekistan. This is provided for by the Resolution of the President of the Republic of Uzbekistan No. PP-5011 of March 2, 2021 "On additional measures for the further development of the electrical industry and increasing the competitiveness of domestic products." In particular, the existing incentives are aimed at reducing the tax and customs burden of enterprises in the electrical industry, easing lending conditions for the sector, stimulating demand in the domestic market, as well as helping to reduce transport costs and costs associated with the presentation of domestic electrical products at international exhibitions and fairs.
So, from April 1, 2021 to January 1, 2024, tax incentives in the form of a 50 percent reduction in income tax and property tax rates were provided to enterprises of the electrical industry, the amount of proceeds from the sale of electrical products of which at the end of the reporting period is at least 80 percent of general proceeds.
Benefits and preferences apply to all, without exception, manufacturers present in the domestic market of Uzbekistan, regardless of membership in the “Uzeltekhsanoat” Association.
You can get information on leasing issues by calling our office at the number: (+99878) 120-02-02 or applying at the address: Tashkent, Yunusabad district, Amir Temur avenue, 88A, Business center "SIMURG". Landmark: Hotel "Radisson Blu".
info@uzbekleasing.uz
