According to the press service of the bank, the parties signed the document on 6 June 2018 in Beijing, on the eve of the summit of the Shanghai Cooperation Organization, which will be held June 9-10 in China.

According to the signed Memorandum, the joint implementation of the Samarkand city project is envisaged, which implies improvement of the tourist potential of the city of Samarkand, as a world-famous historical and cultural center, and the creation of the "Pearl on the Silk Road of the XXI Century".

The creation of the Samarkand City tourist zone is carried out on the initiative of the President of the Republic of Uzbekistan Shavkat Mirziyoyev in accordance with the approved "Program of measures for the accelerated development of the tourist potential of the city of Samarkand and the Samarkand region for 2017 - 2019".

NBU is defined as the head organization, which realizes the implementation of this project by co-financing with foreign investors.

In order to fulfill this mandate, the Bank has carried out active work on finding and attracting international companies and financial institutions having successful experience in investing and realizing such large-scale projects, negotiations took place, including visits to the city of Xian (PRC).

As a result, mutual understanding was reached with Chinese partners in the person of the investment company - the Silk Road Foundation.