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22:30 / 12.08.2019 232

“Business-center Samarkand” to be transformed into a 4-star hotel

Photo: Zarnews

The administrative building of JSC “Business-center Samarkand”, located on the Kuk Saray Square, will be transformed into a 4-star hotel.

The hotel will be built by reducing the 14-storey building of the JSC to seven floors. Construction of a modern hotel is part of a series of investment projects related to the development of the city’s infrastructure in preparation for the Shanghai Cooperation Organization summit in 2022, zarnews.uz reported. 
According to project documentation, a 30.1% stake of the JSC will be transferred to the Austrian construction company Seid Sulo Energy and Industrial Development at a “zero” redemption value.