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[THE INVESTOR] The operator of Incheon International Airport said Aug. 4 it has completed a feasibility test on building a new passenger terminal in Uzbekistan’s Tashkent airport.
Incheon International Airport Corp. launched the study in January after signing a contract with the Korea International Cooperation Agency, which is the country’s official development assistance provider.
The project was first outlined in May last year, when South Korea‘s President Park Geun-hye held a summit with her Uzbek counterpart Islam Karimov during his visit to Seoul.
Karimov had asked Seoul to help upgrade the country’s international airport.
Following the study result, some US$454 million will be injected into the project, which is slated to open in 2020, according to the IIAC. With the new terminal, the airport is expected to host an estimated 5.7 million users annually.
(theinvestor@heraldcorp.com)
Incheon International Airport Corp. launched the study in January after signing a contract with the Korea International Cooperation Agency, which is the country’s official development assistance provider.
The project was first outlined in May last year, when South Korea‘s President Park Geun-hye held a summit with her Uzbek counterpart Islam Karimov during his visit to Seoul.
Karimov had asked Seoul to help upgrade the country’s international airport.
Following the study result, some US$454 million will be injected into the project, which is slated to open in 2020, according to the IIAC. With the new terminal, the airport is expected to host an estimated 5.7 million users annually.
(theinvestor@heraldcorp.com)
