BAKU, Azerbaijan, May 18. The New Tashkent
project is one of Uzbekistan's largest and most long-term urban
planning initiatives, Artyom Kreskas, Head of Department at the
National Committee for Housing Market Development of Urbanization
Process of the Republic of Uzbekistan, told Trend on the sidelines of
WUF13.


According to him, the project is being implemented under the
initiative of the President of Uzbekistan, and the execution of the
first phase has already begun.


"The project provides for the creation of educational, business,
residential, and public zones, as well as the development of all
communication and infrastructure. We pay special attention to the
principles of complex construction and the 15-minute city concept,"
he emphasized.


Artyom Kreskas noted that geospatial analytics and urbanization
analyses are utilized during project preparation.


"The goal is to ensure that all residential zones are fully
provided with social, engineering, transport, medical, and sports
infrastructure, as well as commercial facilities. People should be
able to meet their daily needs within walking distance," he
added.







According to the committee official, the total area of "New
Tashkent" is 20,000 hectares, and the full implementation of the
project could take 10-15 years.


"This territory will be integrated into the city of Tashkent in
the future and will become one of the modern architectural and
urbanization centers of the capital. At the same time, the creation
of green zones, public spaces, and parks is one of the priority
directions," he stated.


Kreskas also noted that an ESCROW system will be implemented in
Uzbekistan in the near future.


"This mechanism will serve to protect the financial security of
citizens investing funds in residential real estate. Active work is
currently underway in this direction," he added.