20 МАРТА / 21 BI Property
Kazakhstani developer will build a hotel of the international chain Hilton in Tashkent
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Innovative construction holding BI Group will build a hotel of the international chain Hampton by Hilton Tashkent Park Abdula Kodiri in the capital of Uzbekistan. The company is not only a developer, but also an investor in the project. The investment will amount to 7 billion tenge.

On March 20, a solemn ceremony of laying the capsule in the foundation of the future hotel took place. The Kazakhstani side in the ceremony was represented by the Chairman of the Board of Directors of BI Group Aydin Rakhimbayev and the Counselor-Envoy of the Embassy of the Republic of Kazakhstan in Uzbekistan Kanat Khasenov. From the Uzbek side, Deputy Khokim of the city of Tashkent for investments Sharof Rakhmanov and the founder of Murad buildings Murad Nazarov took part in the event.

Hampton by Hilton Tashkent Park Abdula Kodiri is the fourth joint project between BI Group and Hilton Worldwide. In 2017, the holding built Hilton Astana in the city of Nur-Sultan, in 2020 - Hampton by Hilton Turkistan in the spiritual capital of Kazakhstan - Turkestan. Currently, a Hilton hotel is under construction on the shores of the Caspian Sea in the new tourist center of Aktau. Last year, BI Group holding signed a general agreement with Hilton Worldwide to build 10 Hampton by Hilton hotels in Central Asia. The company's strategy is to build a Hilton hotel chain in Kazakhstan and Uzbekistan in accordance with the general agreement with Hilton Worldwide on the construction of 10 Hampton by Hilton hotels in Central Asia. In the next 5 years, this agreement will be implemented.

The implementation of the project in Tashkent will begin in May 2021, and its completion is scheduled for June 2022.

- Uzbekistan is experiencing a tourism boom. In three years, the number of tourists in the country has tripled and reached 6 million in 2019. Tourism revenues also increased during this period - from $ 430 million to $ 1 billion 313 million. The implementation of the project will create comfortable conditions for guests arriving in Tashkent, local citizens will gain invaluable experience in the well-known international hotel chain Hilton. I would also like to note the affordable pricing policy of the hotel. The project will become an example of successful business cooperation between our two fraternal republics, - said the Chairman of the Board of Directors of BI Group Aydin Rakhimbaev.

The new facility will be built in the very center of the city. The hotel has 120 rooms and a business center. The construction will create dozens of new jobs.

The first project of BI Group in Tashkent was the construction of the NRG Oybek residential complex with a total area of 66 thousand square meters, and invested $ 33 million in it. In partnership with Murad Buildings, the Kazakh company in Uzbekistan is developing in several directions - residential, commercial and infrastructure construction, as well as objects. The partners set an ambitious goal - to take a leading position in the construction market in Uzbekistan, reaching 500 thousand sq.  m per year. Also, within the framework of charitable activities, BI Group plans to open the first "Mom's House" in Tashkent.

Reference: BI Group is an innovative construction holding, a leader in the real estate market of Kazakhstan. It has been operating since 1995, for 25 years of work it has earned a reputation as a professional and reliable partner. Included in the rating of the largest construction companies in the world ENR Top 250 Global Contractors.

BI Group and Uzbek developer Murad Buildings have created a joint company NRG. The first investment projects of the joint venture were the residential complexes NRG Oybek and Mirzo Ulugbek in Tashkent.

BI Property is one of the 7 companies that make up the BI Group Holding. He is engaged in the management and operation of commercial real estate objects.

Hilton is a world famous hotel chain that includes 17 hotel brands of various categories. The chain has about 6,000 hotels around the world.


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