BAKU, Azerbaijan, Mar. 2
By Ilkin Seyfaddini – Trend:
Murad Buildings company and Kazakhstani BI Group development company announced the establishment of NRG joint venture, Trend reports via Uzbek media.
The first investment project of the newly formed company will be the construction of NRG Oybek residential complex in Mirabad district of Tashkent. The partners are investing $33 million in the project and plan to lease almost 60,000 square meters of housing in August 2021.
The partners plan to focus on using best management practices, materials and construction methods, including digital solutions for project development and planning and data processing.
Special attention is paid to housing management, including "smart home" and "smart repair" technologies based on the latest world innovative developments. For example, opening of doors, using security systems, optimization of utility costs - all this will be controlled by residents through remote access via mobile applications.
"NRG is a union of like-minded people. We expect that joint work of our companies will help to increase the volume of rental housing, improve quality and reduce prices for end users", said Murad Buildings founder and manager Murad Nazarov.
Besides implementation of projects in Tashkent, NRG plans to start new investment projects in other regions of Uzbekistan.
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