OREANDA-NEWS. On January 23, 2009 State commission for conducting tenders on the sale of the state property to the foreign investors based on the Resolution of the President of the Republic of Uzbekistan №PP-672 dated July 20, 2007 hereby announced the Open Tender for privatization sale of the 39% share of Uzbek – Turkish Joint Venture Limited Liability Company “Ipak Yo’li Turizm Invest” (Hotel “Dedeman Silk Road Tashkent”). 39% share of JV LLC " Ipak Yo'li Turizm Invest " being offered for sale. Starting bidding price for the said shares is not less than 11 300 000 (eleven million three hundred thousand) US Dollars, reported the press-centre of State commission for conducting tenders.

The volume of investment obligation is not less than  5 000 000 (five million) US Dollars. At that, the preference will be given to the company ready to offer the highest bid for the 39% of shares of the Company and to take upon the highest value of investment obligations.

Main type of activity of JV LLC "Ipak Yuli Tourism Invest" is rendering hotel and tourism services. Hotel "Dedeman Silk Road Tashkent" is located in the center of Tashkent city, on the crossroads of streets of Alisher Navoi and Amir Temur in 15 minutes drive from "Tashkent" international airport. Hotel was awarded "4 star" category.  The hotel offers 206 comfortable rooms including 1 - "president", 2 - "luxe",  5 - "apartments", 98 - "semilux", 100 -"standard". At the hotel functions restaurant, cafe, a confectioner's shop, bar, and night club.

The hotel has four conference halls, including a magnificent ballroom "The Silk Road" for 750 people. Under the hotel there are a travel agency, a business center, a laundry-dry-cleaner, an exchange office, boutiques and a souvenir department, a beauty salon and an open auto parking.

Investors interested in participating in the tender shall first submit a properly completed and signed Application for participation and Confidentiality Statement. With the inquiries please contact one of the addresses indicated below.

The Tender Documentation package including Information Memorandum, Tender Rules, Bid Form can be obtained upon payment made for it, by presenting to Case-by-Case Privatization Bureau the completed and signed Application and Confidentiality Statement together with a copy of the document confirming the payment effected.
 
USD Account № 20203840500600289001
UZS Account № 20203000600600289001
In the JICB "Ipak Yoli"
TIN 201122696, bank code 00444
S.W.I.F.T. код: INIPUZ22

The Bid submission deadline expires at 12:00 a.m. Tashkent time on March 24, 2009.

Opening of the packages with Tender Bids will be held in the Meeting Hall of the State Property Committee of the Republic of Uzbekistan (5th floor) at 16:00 p.m. Tashkent time on March 24, 2009.

Tender participants or their authorized representatives, which have submitted Tender Bids in accordance with established procedures, have the right to participate at the opening of the packages with tenders Bids.

For all issues related to the tender, please contact:

The Work Body of the State Property Committee:

Case-by-Case Privatization Bureau
State Property Committee Bldg., 17th Floor
Uzbekistan Ave., 55, 100003 Tashkent, Uzbekistan

Attention:  Mr. Khalil  Kh. Akhmedjanov,  Acting Director General
Telephone: +998 (71) 259 22 51
Fax: +998 (71) 259 22 79
Email: ccpbuz@tps.uz