Tashkent approves construction of Bektemir Business City

Tashkent, Uzbekistan (UzDaily.uz) — Tashkent Mayor Shavkat Umurzakov has approved the construction of Bektemir Business City, a multifunctional centre in the capital’s Bektemir district. The relevant decision dated 18 August was published on E-qaror.

The project will cover areas along Bektemir Avenue in the Bektemir and Abay mahallas, as well as along the Tashkent Ring Road in the Zabardast mahalla. A modern architectural complex is planned for these areas.

The Directorate for Construction and Operation of Olmazor Business City under the Tashkent administration has been appointed as the project customer.

The Bektemir district administration has been instructed to conduct an inventory of buildings and structures on the areas allocated for the project and establish the boundaries of the future complex. Together with the city administration and the directorate, it must also develop a master plan and detailed planning for the territory.

Plots for construction within Bektemir Business City will be sold through electronic online auctions in accordance with the approved master plan. Proceeds from the sale of the plots are planned to be used to create internal engineering networks and infrastructure for the complex.

The Bektemir City project was previously included in a Cabinet of Ministers resolution on the comprehensive development of Tashkent adopted on 28 February. The document provides for the implementation of 31 projects under programmes for the city’s comprehensive socio-economic development.

The total value of the projects included in the list is US$16.2 billion. According to the document, Bektemir Business City will cover 58 hectares.

The complex is planned to include residential development, as well as service and entertainment facilities.

Investment in these areas is set at US$1.2 billion.