BAKU, Azerbaijan, Dec. 2
By Fakhri Vakilov-Trend:
Japanese H.I.S. Holdings travel and transportation company plans to build Japanese-style hotels in Tashkent and later in Samarkand, Trend reports citing the press service of Uzbekistan’s Ministry of Investment and Foreign Trade.
The meeting of the delegation of Uzbekistan under the leadership of Minister of Investment and Foreign Trade Sardor Umurzakov with Chairman of the Board of Directors of H.I.S. Holdings Hideo Sawada took place in Japan on December 2. The sides discussed joint projects in the hotel business.
The holding is also interested in the tourist services market of Uzbekistan. The company intends to open an office in Uzbekistan, which will work to attract tourists from Japan and other countries, as well as coordinate other projects.
In addition, the prospects of the company's participation in privatization activities in the banking sector were discussed. Following the meeting, the parties agreed at an expert level to work out all technical and organizational issues with a view to reaching the signing of solid investment agreements by the end of this year.
Japanese company intends to build the first hotel in the capital's park named after Abdullah Kadiri. Under the project, the hotel will have five floors and an area of 7300 square meters. The exterior of the building will be made in the style of Uzbek national architecture, and the style of Japanese architecture will become the basis of the interior.
H.I.S. Holdings is the largest Japanese travel and transportation company with many years of experience in the international market. Currently, the company has 303 branches within Japan and a global network of 185 branches in 124 cities abroad, with the total number of employees over 17,000.
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