Tashkent, Uzbekistan (UzDaily.com) - INVEST VILLAGE, a town for investors, will be created in Kibray district of Tashkent region, Dunyo news agency reported, citing a government resolution from 18 April 2020.

According to the document, an area of 40 hectares, previously intended for growing fruit, will become the venue for the implementation of this project, which will be implemented in cooperation with the Turkish company “Toleza Tekstil Sanayi Iҫ ve Diş Tic. Ltd. Şti. ".

A modern town will be organized here with all the necessary conditions for foreign investors. The total cost of the Invest Village project is US$25 million, of which 20 million is foreign direct investment, the full development of which is designed for 2020–2021. US$5 million is an investment of the domestic company Super Garden LLC.

The implementation of the project will create 100 jobs, and 5% of the housing under construction within the framework of the project will be transferred to the khokimiyat of Tashkent region.