The initiative constitutes a success story in the bilateral cooperation between Uzbekistan and South Korea, and is seen as a priority for Uzbekistan Airways and the country in general.
It is primarily aimed at the improvement of quality of passenger service and bringing it up to the latest international requirements and standards. It will also help to meet the growing demand for air travel, improve airport infrastructure, as well as increase the tourist flow.
Feasibility study of the project was developed with the assistance of grant funds of the Korean International Cooperation Agency (KOICA) in January-July 2016. In the course of this work, experts of Uzbekistan Airways and the Korean side did much to assess the current state of the infrastructure of the capital’s air harbor and aviation industry of Uzbekistan, development prospects, and develop a concept of construction of the international passenger terminal Tashkent-4.
When developing the feasibility study, KOICA sel ected organizations with pool of relevant experience. They are the five companies of the Republic of Korea: Incheon airport – the project manager, Heerim, Yooshin, EY Hanyoung and Transport Institute of Korea.
In December 2016, the government of Uzbekistan and the Eximbank of the Republic of Korea signed a loan agreement on allocation of borrowing funds of EDCF Fund of Korea for the project. As a result, its total cost exceeded $430 million.
According to the feasibility study, the area of Tashkent-4 will make up nearly 87,000 square meters, capacity – 1,500 passengers an hour, or 5.7 million a year. Fr om a bird’s-eye, the terminal will resemble outstretched wings of the Humo bird of happiness. The terminal will have four floors, a platform for 36 planes, and a driveway with parking. The construction of the terminal will take three years. Construction and installation works are scheduled for this year.