Indian company invests $500 M in Uzbekistan
Baku, Azerbaijan, Aug 29
By Fakhri Vakilov-Trend:
Indian construction company Minerva World of Knowledge will invest $500 million in housing construction in Tashkent, Trend reports citing Uzbek media.
The investment agreement was signed in Uzbek capital of Tashkent between representatives of the capital administration and the Indian company.
As reported, negotiations on the agreement were conducted during four months.
According to the Tashkent administration, Minerva World of Knowledge is a leader in the construction industry in India.
The company intends to engage in the construction of residential complexes, universities and dormitories, medical and sports facilities, preschool institutions and shopping and entertainment complexes in the Sergeli district of Tashkent.
All these facilities are planned to be built in the next five years, the report said.
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