Andijan Airport is planned to be transferred under the management of Vision Invest

03.05.2024

Saudi Vision Invest has expressed its desire to reconstruct Andijan International Airport and get it under its management. This was announced by the head of the company Omar al-Midani at a meeting with Uzbek Transport Minister Ilkhom Mahkamov.

Following the talks, the parties signed a preliminary agreement that Vision Invest will conduct research and prepare project proposals within six months.

After that, a decision will be made on the possible continuation of cooperation on this project.

Earlier it was reported that Kazakhstan is ready to transfer 22 airports under the management of European companies.

Chinese companies have built a $250m cement plant in eastern Uzbekistan

29.04.2024

A cement plant has been launched in Bulakbashi District of Andijan Oblast, Uzbekistan, which will produce up to 2.5 million tons of products a year, the regional khokimiyat (regional state administration) said.

Conch International Holdings and Zhejiang Shangfeng Building Materials invested $250m in the venture.

The territory of the plant is 74 hectares.

The enterprise is expected to export cement worth $10 mln annually.

Stormy weather sends Middle East supply chains out of whack

19.04.2024

Days of bitterly unusual weather across the Persian Gulf region have sparked serious concerns for ocean and air freight stakeholders, dealing another blow to supply chains already caught up in worsening geopolitical setbacks after the Iran-Israel faceoff.

Cargo agents and other shipping industry sources in Dubai have reported significant cargo delays and backlogs, which they believe could take up to a week to clear up and return to normalcy.

Sources have also told Container News that many ports in the region, including Jebel Ali, have had to deal with berthing delays because of extreme weather conditions.

“Over-the-road freight movements continue to remain disrupted at many places,” said a freight forwarder.

The forwarder source further noted: “Authorities are working at a swift pace to clear up the affected road networks,”

At the same time, container line sources have noted that leading port terminals in the region are now operating at near normal activity.

An executive at a major European container line said: “Most of the port operations are up and running, but the flooding is leading to cargo delays.”

Tashkent airport plans to build a cargo terminal

17.04.2024

A new cargo terminal will allow the airport of Uzbekistan's capital to increase cargo handling almost 4.3 times - from 70 to 300 tons per day, the presidential administration said.

Uzbek authorities have not announced the expected timeframe for the project's implementation or its cost.

The air harbor is currently reconstructing its departure terminal. The work is being done in three stages.

As a result, registration, customs control and security will be expanded. The terminal's capacity will double to 2,400 passengers per hour.

China Poly Group and China Electric to build $350 mln photovoltaic power plant in Uzbekistan

10.04.2024

Chinese companies China Poly Group and China Electric have started to build a solar power plant with a capacity of up to 500 megawatts in Jizzak region, the administration of the President of Uzbekistan reports.

The expected investment in the project is $350m.

The first 200 megawatts of generating capacity is planned to be put into operation at the end of 2024.