Tashkent, Uzbekistan (UzDaily.uz) — Vietnamese company ROX Group plans to invest US$4.5 billion in four urban development projects in Uzbekistan. The initiatives were presented to President Shavkat Mirziyoyev during his visit to the Bukhara region.
The projects will cover a total area of 285 hectares and involve the development of residential and commercial infrastructure for 115,000 people. Two projects are planned for the Bukhara region, with one each in the Uchtepa district of Tashkent and Samarkand.
Construction has already begun on new residential developments in Bukhara district, covering 65 hectares, and in the city of Bukhara, covering 25 hectares. The developments will include high-rise residential buildings for 30,000 people, hotels, business centres, retail facilities, and businesses providing services and leisure activities.
The project in Tashkent’s Uchtepa district is intended to create a modern urban environment. In Samarkand, the company has proposed developing infrastructure around an existing tourist complex.
The investor has also proposed establishing an industrial zone in Zaamin district of Jizzakh region.
Mirziyoyev approved the concepts presented and instructed the relevant agencies to work with the company to examine in detail the development of the necessary infrastructure and mechanisms for implementing the projects. He also stressed the importance of applying advanced urban planning solutions.
