Turkish “Yildirim Holding” becomes a potential investor in the modernization of Tashkent airport

“Yildirim Holding” has become a potential investor in the modernization of the International Airport in Tashkent. This is envisaged in the presidential decree “On measures to implement the Investment Program of the Republic of Uzbekistan for 2019”.

The project is scheduled to be worked out in 2019. The designed capacity and estimated costs are unknown yet as the project is at the stage of documentation development.

But it is known that the potential investor is a Turkish company “Yildirim Holding”. In July, the head of the “Yildirim Group” Robert Yuksel Yildirim said that his company was negotiating the “rehabilitation” of the Tashkent airport.

“In April, I visited Uzbekistan as part of the Turkish delegation headed by President Erdogan and signed two projects. I promised our president to help Uzbekistan create a free market and growth,” Mr. Yildirim stated.

In 2019, it was also entrusted to work out a project for the reconstruction of the international airport in Samarkand bringing the designed capacity to 1,250–1300 double-haul flights per year. An investor is just being determined, but it is predicted that the project will require $200 million.

In addition, it is planned to build a new passenger terminal in Termez city with a capacity of 400 passengers per hour. The investor is yet to be determined, but the estimated cost is around $11 million.