National Bank sells Zomin cable car to private investor

The National Bank of Uzbekistan has sold the Zomin cable car for UZS 215 billion to Ref Ropeway Invest LLC. The transaction was completed through an auction, in which the company was the sole participant.

Ref Ropeway Invest LLC, established in Tashkent on December 30, 2025, has an authorized capital of UZS 60 billion. Its founder, Feruza Boboeva, is also the 100 percent owner of China-Auto Motors LLC.

About the Zomin cable car

The cable car equipment was manufactured by Switzerland’s Bartholet Maschinenbau AG, while the cabins were designed by Germany’s Porsche Design Studio. The system operates 36 cabins, each seating eight passengers, with a maximum capacity of 1,200 passengers per hour in one direction.

The cable car is supported by 12 towers. The lower station sits at 1,961 meters above sea level, while the upper station reaches 2,490 meters, resulting in an elevation gain of 529 meters. The facility occupies a total land area of 1.59 hectares.