Dentons Advises Korzinka on Development of Uzbekistan's Largest Class A Distribution Center

Dentons advised Korzinka, the leading food retail chain in Uzbekistan, on the development, design and build contract for a new distribution center in Tashkent. The transaction concerns the construction and commissioning of a state-of-the-art, green Class A distribution center with a total area of 49,000 square meters. The new facility, described as the largest Class A distribution center in Central Asia, replaces four existing logistics sites and will centralize operations, streamline supply chains and improve shelf stocking across Korzinka’s network. It is a central element of Korzinka’s growth strategy to expand its retail footprint to 1,000 stores by 2028 and is intended to deliver a more resilient and agile logistics network. The project is expected to create more than 1,000 new jobs, support local farmers and suppliers, and enhance access to quality, affordable food beyond Tashkent. The construction was financed by the International Finance Corporation and the centre has already attracted high-level attention, including a visit by the President of Uzbekistan, who underlined the country’s strong foreign investment inflows. Dentons represented Korzinka with a team composed by: Florian Schneider, Partner (Berlin) — who focuses on international investment projects in emerging markets; and Eldor Mannopov, Managing Partner, Tashkent Office — who advised Korzinka on the International Finance Corporation ESG requirements applicable to the financing and construction.

Dentons Advises Korzinka on Development of Uzbekistan's Largest Class A Distribution Center

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