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Economy 10/05/2010 Tender on sale of Grand Mir Hotel prolonged
Tender on sale of Grand Mir Hotel prolonged
Tashkent, Uzbekistan (UzDaily.com) -- The Government of Uzbekistan prolonged tender on sale of 35% shares in Grand Mir, an Uzbek-Turkish joint venture.

Grand Mir renders hotel and tourism services. Grand Mir Hotel is located in Tashkent city and it is five star hotel. The hotel has 126 rooms, including six lux rooms, 11 semi-lux and 109 standard rooms. It also has two conference rooms for 150 seats.

Starting price for 35% of share set at US$7,808,500. Investors also should undertake investment obligation for US$2.8 million. Interested investors should submit bids till 31 May 2010, the announcement of the State Property Committee of Uzbekistan said.

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