Economy

MIIT building in Tashkent sold at auction for 287.14 billion soums

Illustration: Tezkun / AI. Not a photograph of the event.

The administrative building of the Ministry of Investment, Industry and Trade in the Mirabad district of Tashkent was sold at an electronic auction on November 4 for 287.14 billion soums. This follows from data on the E-auksion platform.

The auction lasted 1 hour and 46 minutes, with participants making 80 bids. Shakhrisabz Agroport was declared the winner, and the final price turned out to be 80% higher than the starting price. The parties must now sign a sales contract.

The property was put up for auction in October by the State Assets Management Agency. The four-story building, with a total area of 6,502 square meters, is located at the intersection of Taras Shevchenko and Fidokor streets. It currently houses the MIIT and several international organizations. The building has running water, sewage, gas, and electricity.

The auction terms allow the buyer to house retail, entertainment, dining, or tourism facilities in the building. At the same time, the new owner is required to comply with urban planning standards.

According to records from the Unified State Register of Enterprises and Organizations, Shakhrisabz Agroport was established in June 2026; its address is the Shakhrisabz district of the Kashkadarya region, and its core business is agriculture. Its charter capital is 550.5 million soums, and Jasur Karimov is listed as the sole founder and manager.

What it means

The sales contract has not yet been signed. Under the auction terms, the building in central Tashkent can be used for retail, entertainment, catering, or tourism, subject to compliance with urban planning standards.

Published 6 November 2026, 16:17 · No updates · Russian original

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