IIAC signs $25 mil. deal to share operating expertise with Uzbekistan
Incheon International Airport Corp. (IIAC) said Thursday that it had signed a $25 million contract to bring its airport operations expertise to Uzbekistan’s new Tashkent International Airport, marking the latest milestone in the Korean airport operator’s global aviation efforts. The large-scale project, estimated at $3.4 billion, was proposed by the Saudi Arabian investment firm Vision Invest to the Uzbekistan government through a public-private partnership. Under a five-year consulting deal, IIAC will dispatch up to 17 experts specializing in management, operations and IT systems, delivering hands-on support for airport design, safety, passenger services and logistics integration. The groundbreaking ceremony for the new Tashkent airport was attended by Uzbekistan’s President Shavkat Mirziyoyev, key government officials, Vision Invest representatives and IIAC executives. They discussed cooperation plans and Korea’s airport management model. Located 35 kilometers south of the current Tashkent airport, the new complex will serve up to 17 million passengers annually in its first pha
