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What are the Technological Industrial Development Zones in Macedonia and where are they located?

What are the incentives offered for projects operating in the TIDZs?


The investment incentives offered to companies operating in the TIDZs include:
- 0% personal and corporate income tax for the first 10 years (10% thereafter)
- No VAT and customs duties for export production
- Free connection to piped natural gas, electricity, water and sewage
- Immediate access to main international airport, railroad and vital road corridors
- Land lease for up to 99 years at attractive concessionary rates
- Special incentives for construction of facilities valued at €500.000, denominated in MKD, depending on the value of the investment and number of employees expected to be employed
- Benefit package for eligible investors will be approved within 10 business days

What kinds of companies can be established in the TIDZs?


The Technological-Industrial Development Zones have been established to host high-tech clean industry production that is export-oriented.

What infrastructure solutions are offered in the Zones?


Companies operating out of the TIDZs are offered free connection to natural gas, water, electricity, and access to a main international road network.

Who is already present in the TIDZ?


At the moment, Johnson Controls is fully operational in the TIDZ.
Great Britain’s Johnson Matthey and Italy’s Technohose are in the process of installing equipment in their plants. The start of production is expected to be in the second half of 2009.
The Government of the Republic of Macedonia has already signed a MoU (Memorandum of Understanding) with: Turkey’s Sisecam and Borteknik Otomotiv, South Korea’s Triview, Italy’s Orlandi, Slovenia’s Iskra, and France’s Montupet.
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