Ministry of Investments building in downtown Tashkent put up for sale for 159.5 billion soums

The State Assets Management Agency has put up for sale on E-auksion a four-story office building in Tashkent's Mirabad district, which currently houses the Ministry of Investments, Industry and Trade. The starting price is 159.52 billion soums, and the auction is scheduled for November 4.

Ministry of Investments building in downtown Tashkent put up for sale for 159.5 billion soums

The key facts

  • An office building with an area of 6,502 sq. m at the corner of Taras Shevchenko and Fidokor streets has been put up for sale on E-auksion
  • The starting price is 159.52 billion soums; the auction will begin on November 4 at 10:00
  • The sale is carried out under a Cabinet of Ministers resolution of July 2024 and the president's August decree on accelerated privatization

Ministry building put up for auction

The State Assets Management Agency has put up for sale, via the E-auksion platform, an office building in Tashkent's Mirabad district. The four-story building is located in the center of the capital, at the corner of Taras Shevchenko and Fidokor streets. At present, the main part of it is occupied by the Ministry of Investments, Industry and Trade, and previously it housed Hi-Tech Bank.

Lot parameters and sale conditions

The total area of the premises is 6,502 square meters. The building is equipped with all utilities — water supply, sewerage, gas and electricity. The starting price of the lot is 159.52 billion soums. The auction will begin on November 4 at 10:00.

Basis and possible use

The sale is carried out in accordance with the Cabinet of Ministers resolution on the privatization of state property of July 2024. The lot was also included in the list of assets that the president ordered to be sold on an accelerated basis by an August decree. The buyer will be able to use the building for retail, entertainment, gastronomic or tourism purposes, while being obliged to comply with urban planning standards.

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