Uzbekistan sales out its mountain resorts
Uzbekistan, Tashkent, Jan. 29/ Trend , T. Zhukov/
Uzbekistan's State Committee on Property Management (SCPM) has signed three contracts to sell assets in three mountain resorts, head of the SCPM Public Relations Office Ulugbek Vahabov told Trend .
The Russian Evrazstroyproyekt acquired a 14.4-percent stake in the Orom resort complex, an Uzbek official said. Orom is located in Tashkent not far from the mountainous Charvak reservoir. The resort covers over two hectares. The value of the contract was not disclosed.
A tender was also issued to sell Orom to foreign investors in July 2007. The resort's starting price was fixed at $53,000 at the time. Under the tender terms, the volume of investments was to surpass the starting price.
The Chinese Expoline Limited acquired a 100-percent stake in the Chirnik Suvokova resort complex. The resort is located not far from the capital. The starting price was $160,000. Investment liabilities were $100,000.
The Uzbek-German joint venture Vera Future Group Invest acquired a 100-percent share in the Kazbek health resort. The value of the contract was not disclosed. The starting price was $110,000.
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