- Uzbekistan is utilizing EU trade schemes and actively seeking investment and partnerships from Korean companies.
- Uzbekistan is partnering with South Korea on major infrastructure projects, including airport modernization and high-speed rail studies.
Larsen & Toubro begins construction of new airport in Uzbekistan
What happened
Larsen & Toubro executed an engineering, procurement & construction (EPC) contract for the passenger terminal and associated landside infrastructure in Uzbekistan. The company has started initial engineering, detailed design, and procurement preparation for the greenfield airport. The New Tashkent International Airport is planned to handle approximately 17 million passengers annually.
From equitybulls.com
Why it matters
The project is a key component of Uzbekistan's long-term transport infrastructure strategy, which aims to transform the country into a major aviation hub. Larsen & Toubro's scope includes site grading, road infrastructure, structural works, and the installation of advanced airport systems.
Uzbekistan is partnering with South Korea on major infrastructure projects, including airport modernization and high-speed rail studies.
From equitybulls.com
Who's involved
- UzbekistanSovereign state commissioning the new aviation hub.
- Larsen & ToubroIndian conglomerate executing the EPC contract for the airport.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- Larsen & ToubroSpeculative
Larsen & Toubro could see increased revenue from the award of a major EPC contract for the international airport.
- UzbekistanSpeculative
Uzbekistan might see increased investment in its transport sector through the construction of the landmark greenfield airport.
Keep exploring
Part of
Uzbekistan is partnering with South Korea on major infrastructure projects, including airport modernization and high-speed rail studies.Also in this story
- A major technology center in South Korea is seeking to deepen ties with a high-tech cluster in Uzbekistan.
- Uzbekistan, represented by officials including Shavkat Mirziyoyev and Jamshid Khodjayev, is exploring enhanced cooperation in AI and energy with Korean companies.
The entities involved
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Uzbekistan
sovereign state in Central Asia
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Larsen & Toubro
Indian multinational conglomerate company
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