Chinese company wins 225 billion UZS tender for 'Askiya' market complex

An auction in Tashkent has concluded for an investment project to construct a modern "Eco Bazaar," a trade and service complex with a parking lot on the territory of the "Askiya" market, according to data from the E-auksion platform.

The auction lasted 15 minutes and ended after the single bid was made. Sheng-Ke International submitted the bid, offering 225.595 billion UZS — 5% higher than the starting price.

According to the Unified State Register of Enterprises and Organizations, the company was registered in May 2024, with an authorized capital of 68 billion UZS. Its activities include specialized construction works.

The founder of the company is Sheng-Ke International LLP (Kazakhstan), and its director is Chen Maiquan.

It should be noted that the investor was required to meet the following conditions:

-  Construct an eco-bazaar with an area of no less than 3,000 square meters.
-  Build a cold storage facility with an area of no less than 1,200 square meters.
-  Transfer ownership of the first underground parking floor (minimum 400 spaces) to the company free of charge.

The project includes a large shopping complex featuring bike parking, modern benches, Wi-Fi zones, relaxation areas for the public, escalators, and ramps for people with disabilities, green spaces, and 24/7 cleanliness maintenance. Additionally, a 4-star hotel will be built next to the new market.

It is expected that the implementation of this project will attract $150 million in direct foreign investments and create over 1,000 new jobs.