The city authorities previously announced plans to put the 35 markets and trade complexes up for sale. Umurzakov said the plans had understandably raised concerns among residents and traders, but assured them that the facilities would continue operating as markets under new ownership.
“There is a saying among our people: ‘Do not touch a market or a cemetery.’ There are understandable reasons behind this saying. Naturally, people become concerned when changes affect familiar places where they make a living,” he said.
At the same time, Umurzakov said many of Tashkent’s existing markets no longer meet modern standards, both in terms of their physical appearance and the way they operate.
Investors who acquire the facilities will be required to meet three conditions. They must build a specified number of modern-format retail spaces and transfer them to the state, preserve the jobs of existing traders, and provide adequate parking.
New owners will be allowed to develop commercial, service and entertainment facilities only on land that is currently being used inefficiently.
Umurzakov cited Eco Bazaar as an example of a modern market concept already operating in Uzbekistan, as well as international examples such as Markthal in Rotterdam and Time Out Market in Lisbon. He said such projects had retained the core function of traditional markets while turning them into modern, vibrant urban spaces.
“Our markets should develop along the same lines while preserving their national character,” the mayor said.
