"Tashkent city" International Business Center. Project & Construction

ABOUT PROJECT
"TASHKENT CITY" INTERNATIONAL BUSINESS CENTER



The government of Uzbekistan has made the decision to build “Tashkent city” International Business Center in the heart of the capital of Uzbekistan. The decision was promulgated by the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan No. 559 of July 28’ 2017 titled "On measures to improve the architectural appearance, improvement of the central part of the city of Tashkent and creation of favorable conditions for the population and visitors of the capital".
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“Tashkent city” will be located on a plot of 80 hectares in the center of the city of Tashkent bounded by A. Navoi Avenue, Olmazor Str., Furkat Str. and I. Karimov Avenue.
The project involves the construction of modern business offices, hotels, conference centers, hypermarkets, entertainment centers, pedestrian areas and development of high rise and comfortable residential buildings unprecedented for Tashkent, united by a single architectural design, functionally linked and mutually complementary, and in harmony with the traditions of Uzbek architecture.
The aim of this project is to create an architectural complex in the center of Tashkent, implemented by embedding of the latest trends in world architecture and application of environmentally friendly and energy saving smart technologies.
The key objective of the project is to create an attractive and comfortable business environment for investors, a system of preferences and modern communications that facilitates the development of a dynamically emerging business and financial center of Central Asia in the premises of “Tashkent city”.
Currently, a number of leading foreign and domestic architectural bureaus are elaborating on several alternative project concepts. The project concepts are being developed by fusing modern urbanistic ideas with the elements of Central Asian architecture, employing latest construction technologies, state-of-the-art communication facilities, current layout solutions and business practices.
The selection of the project’s architectural concept will be followed by the development of technical and financial tasks, investor relations, preparation of project documentation and actual construction. The entire process from the design to full commissioning of facilities is to be completed within 5 years.
The project will be mostly funded by the investors as well as foreign and international grants, technical assistance, charitable donations, loans and other sources allowed by law.
The project provides prospective investors with government support. To ensure timely implementation of the project, the government established the Administrative Council headed by the Prime Minister of the Republic of Uzbekistan, which assembles the heads of major ministries and departments.
The working body of the Administrative Council is the Directorate for Construction and Operation of Facilities on the Territory of “Tashkent City".