25.08.2020

U z b e k i s t a n   w i l l   t r a n s f e r   a i r p o r t s   t o   i n v e s t o r s '   m a n a g e m e n t   o n   a   p a c k a g e   p r i n c i p l e  

According to the analysis of international experts, the modernization of existing airports in Uzbekistan will require an average of USD 800 million. In this regard, it was instructed to develop jointly with the World Bank the terms of reference for transferring the airports of Tashkent, Bukhara, Fergana, and Urgench to the management based on a “package principle”. This principle means the transfer of unprofitable airports along with profitable ones.

This process will be carried out on a tender basis. The head of the Ministry of transport noted that cooperation with foreign airport management companies in Uzbekistan would be based on the principles of public-private partnership or concession.

Locations
Stay up to date with the latest legal news, publications and events: