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Calatrava Grace to invest $100M in projects in Navoi region of Uzbekistan

Business Materials 3 May 2019 11:02 (UTC +04:00)

Baku, Azerbaijan, May 3

By Fakhri Vakilov – Trend:

American company Calatrava Grace intends to invest $ 100 million in the creation of the production of modular units and the construction of affordable housing in the Navoi region of Uzbekistan, Trend reports with reference to Foreign Ministry of Uzbekistan.

Calatrava Grace operates a sophisticated global real estate investment, advisory, and co-development practice in affiliation with the world's best architects and engineers.

Deputy Foreign Minister of Uzbekistan Alisher Abdualiev and Calatrava Grace CEO Michael Sellman discussed practical issues of the implementation of investment projects for the production of modular units and the construction of affordable housing in the Navoi region and subsequently in other regions of the country.

Michael Sellman stressed that the company's projects will be implemented using advanced technologies and innovative technical solutions that allow building high-quality, reliable and affordable housing in Uzbekistan in a short period.

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