Uzbekistan to sell 35% share in Hotel Grand Mir

Tashkent, Uzbekistan (UzDaily.com) -- Uzbek government will sell 35% shares in Grand Mir, an Uzbek-Turkish joint venture, an announcement said on 22 January.

Grand Mir renders hotel and tourism services. Grand Mir Hotel is located in Tashkent city and it is five star hotel. The hotel has 126 rooms, including six lux rooms, 11 semi-lux and 109 standard rooms. It also has two conference rooms for 150 seats.

Starting price for 35% of share set at US$7,808,500. Investors also should undertake investment obligation for US$2.8 million.