Uzbekistan plans to implement tourism projects worth $630 mn

On July 29, Shavkat Mirziyoyev, the Uzbekistan President, gave the green light to a new set of measures aimed at supporting the country's tourism industry. These measures consist of subsidies for tour operators and an extension of payment timelines for hotel construction.

Additionally, the presidential decree authorised a comprehensive list of 58 major investment projects intended for implementation in the tourism sector across all regions of Uzbekistan. These projects encompass various ventures such as hotels and theme complexes.

The estimated total cost of these initiatives is $630.1 mn, and their successful implementation is expected to generate 7,121 job opportunities within the tourism industry.

Below is the top 5 projects by investment size:

• The most expensive project on the list will be a recreation area in Angren with an estimated cost of $70 mn. It will include a ski complex with a cable car, as well as a hotel and restaurant.
• The second place is occupied by an entertainment complex in Khanabad, Andijan region. Here, for $69.1 mn, it is planned to build an artificial lake for organising water activities.
• The third place is occupied by a complex of a hotel, a congress hall and entertainment facilities in Termez. It is valued at $50 mn.
• Fourth place is shared by two projects, each of which was estimated at $30 mn. One of them is a beach tourist and recreational area around Lake Tudakul in the Navoi region, the other is a four-star hotel and a shopping and service complex in Samarkand.
• The project of the centre of national crafts and tourism in Kokand is also highlighted. For $ 21.5 mn, it is planned to create a house of artisans, a hotel, a hypermarket and a restaurant.

In total, the program includes 50 hotels, eight complexes for ecotourism, two each for ecotourism and ethnotourism. In Fergana, it is also planned to create a thematic garden, and in Termez - to reconstruct the old city and build an amphitheatre.

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