France's MND signs contract to construct resort in Uzbekistan’s Chimgan mountains

By Muzaffar Ismailov in Tashkent May 11, 2023

France’s Montagne et Neige Developpement (MND) has inked a contract for the construction of the all-season Chimgan resort in Uzbekistan’s Chimgan Mountains, the Uzbek culture and tourism ministry has announced.

The company won a tender for the contract in March.

The resort will come under the so-called Beldersay-Chimgan-Nanai framework, under which hotel complexes and holiday cottages that can accommodate 6,000 tourists and an all-weather mountain park with a wide range of outdoor activities will be constructed.

Eleven ski trails of various difficulty levels will be laid out over 20 kilometres and more than 20 winter and summer attractions, including zipline, an alpine coaster, an adventure tower, tubing and via ferrata will be provided.

Two cable car facilities will connect attractions. One of them, a gondola-type facility with cabins for 10 passengers, will take guests to a height of 2,500 metres above sea level. It will be able to transport up to 2,000 people per hour.

A pendulum-type cable car for 80 people will also be built. It will take visitors as high as 3,300 metres above sea level. No other such facility in Central Asia attains that height.

The cost of all the works is estimated at €100mn. Upon completion, the complex will be able to receive up to 3.1mn local and foreign tourists annually.

Related Articles

Uzbekistan’s key rate held at 14% as central bank points to fears over reacceleration of inflation

Uzbekistan's central bank on April 25 kept its benchmark interest rate on hold at 14%, pointing to risks that inflation could once more accelerate. Planned hikes of state-regulated prices for ... more

Uzbekistan can expect GDP growth of 5.2% this year and 5.4% next, says IMF

The International Monetary Fund (IMF) projects real GDP growth of 5.2% this year and 5.4% in 2025 for Uzbekistan in its newly released ... more

Tashkent Stock Exchange reports decline in 1Q24 trading volume

Tashkent Stock Exchange (TSE) has released its results for 1Q24, revealing a significant decrease in trading volume y/y. The results report, compiled by the TSE and Avesta Investment Group, ... more

Dismiss