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01 May 2019

RIMC Hotels & Resorts Group intends to invest $ 4 billion in Uzbekistan

A meeting with the architect of the German company RIMC Hotels & Resorts Group, Hadi Teherani, took place in the Tashkent city administration. The meeting discussed opportunities for cooperation, in particular the brand building as a kind of business card of the capital. The possible participation of RIMC Hotels & Resorts Group in the implementation of Ethnopark in Tashkent and the construction of premium class hotels in Tashkent, Samarkand, Bukhara and Khiva were also discussed.

In addition, RIMC Hotels & Resorts Group and its German partners intend to invest in the construction of modern shopping, business and cultural and entertainment centers, as well as the modernization of road infrastructure and airports. The total volume of planned investments in the infrastructure of Uzbekistan exceeds 4 billion US dollars.

The RIMC Hotels & Resorts Group, headquartered in Hamburg, is one of the leading international hotel management groups. During the last 28 years, the RIMC Hotels & Resorts group has brought out around 200 hotel projects in Germany and abroad. Currently, RIMC Hotels & Resorts group operates around 32 hotels in 8 countries. Furthermore, there are planned more hotel projects for 2019 and the ongoing years in Germany and abroad.