The Hyatt Regency Tashkent hotel will be privatized through the funds by The Abu Dhabi Uzbek Fund, Shavkat Mirziyoyev announced at the government meeting devoted to the implementation of agreements reached at visits to the United Arab Emirates and Japan.
The Abu Dhabi Uzbek Fund was established with the Government of the UAE and is worth US $ 1 billion.
To date, the Fund has approved financing for SMEs projects, including the construction of a hotel in Samarkand and the privatization of the Hyatt Regency Tashkent hotel.
The 301-room Hyatt Regency Tashkent was completed in 2016 for US$ 205 million.
