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4 star hotel (cafe-restaurant) for domestic and foreign tourists

Project Presentation

Investment proposal

Name of the project

4 star hotel (cafe-restaurant) for domestic and foreign tourists.
Initiator “ASL SHARK” LLC
Location of the project

Tashkent region, Charvak

Costs of the project     

$5 million

Contribution to the project by the initiator

$3 million

Foreign direct investment required

$2 million

Other Project Financing source 

$1 million

Average annual sales income

$2.8 million

Annual net profit

$2.5 million

Existing infrastructure

There is all the necessary infrastructure

Existing Area of the place

6000 m2

Number and types of jobs created 150
Project information To date, 40% of planned project work is completed. At this stage, the construction of a restaurant, cafe and kitchen is completed. Within 2-3 months of cooperation, the first stage will begin and the first profit will be made. All architectural design of the hotel is ready and has already passed the examination. All permits were obtained from government agencies.According to the decree of the President on the development of tourism, there are privileges on taxes and customs duties. Also, in accordance with the Resolution of the Cabinet of Ministers of the Republic of Uzbekistan  № 433 dated 05/27/2019 on investor reimbursing a certain part of the state budget for the development of the hotel business (construction and equipment of hotels). 65.0 million soums were allocated from the state budget as compensation for hotel expenses to each 4-star room.