PPP Agreement signed for Multimillion International Airport Project in Uzbekistan
Uzbekistan Airports, Urgench International Airport and Incheon International Airport Corporation (South Korea) signed a public-private partnership (PPP) agreement for the modernization and management of Urgench International Airport in Tashkent.
South Korea’s Incheon International Airport Corporation plans to invest US$132 million in developing and operating new passenger and cargo terminals at Urgench International Airport. Under the PPP arrangement, both parties will collaborate to modernize and manage the airport. The private partner will handle the construction and operation of the terminals and provide ground handling services, while the state partner will be responsible for the runway, apron, and other airfield infrastructure development and operations.
In April 2025, it was announced that Incheon International Airport Corporation would take over management of Urgench International Airport after winning the related tender. The PPP project is valued at approximately US$222 million, with the private partner contributing US$115 million toward airport modernization and overseeing its operations through 2047.
Country news
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April 29, 2025
Contract awarded for the Modernization and Operation of Airport PPP in Uzbekistan
Incheon International Airport Corporation has won the tender to modernize and operate Urgench International Airport
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January 24, 2025
RFQ issued for Road PPP Project in Uzbekistan
The Government of the Republic of Uzbekistan, through the Ministry of Economy and Finance of the Republic of Uzbekistan, has issued a Request for Qualification (RFQ) for the Tashkent-Andijan (stage 1) Toll Road PPP project in Uzbekistan.
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August 09, 2024
Tender Issued for Modernization of International Airport PPP in Uzbekistan
The Government of the Republic of Uzbekistan, in collaboration with JSC Uzbekistan Airports (UzAirports), has planned to implement a public-private partnership (PPP) project for the modernization and management of Urgench International Airport.
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April 15, 2024
Plans announced for Reconstruction and management of International Airport in Uzbekistan
The Government of the Republic of Uzbekistan (GoU), through Uzbekistan Airports JSC (UzAirports) has planned to implement a Public Private Partnership (PPP) project for the reconstruction and management of Urgench International Airport situated near the city of Urgench, Uzbekistan.
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January 17, 2024
Tender issued for Road Corridor PPP project in Uzbekistan
The Committee for Roads under the Ministry of Transport of the Republic of Uzbekistan has invited sealed bids from eligible Bidders for the Reconstruction of 4 km of 4R180 Road, Section 0–4 km.
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