New re-bidding auction for Tashkent parking lots

A re-bidding auction to organize paid parking lots on the streets of Tashkent was held on December 17, 2024. The results were published on the “E-auction” electronic trading platform.

The bidding process lasted over 20 minutes and concluded after two rounds. Streetpark Systems emerged as the winner, offering 62.93 billion soums for the lot, a figure 10% higher than the starting price.

Streetpark Systems was registered on November 13, 2024. The company is primarily owned by Kudratbek Dilshodovich Yakubov, who holds a 75% stake and is also associated with other businesses, including Leader Great Trade, Aziz Export 777, and Prime Avto Consulting LLC. The remaining 12.5% stake belongs to the Hungarian companies iCell Mobilsoft Zrt and Kasy Park.

The awarded lot covers a total area of 262.8 thousand square meters in Tashkent, with a lease term of three years. Under the agreement, the lessee must invest a minimum of $5 million within the first two years to develop the parking lots. This includes installing parking meters, traffic management equipment, and communication networks.

Previously, an online auction was held for leasing 86 roadside parking lots in Tashkent, with the rights sold for 120 billion soums.