Transformative infrastructure project for Uzbekistan

Global law firm Freshfields has advised an international consortium on the landmark development of the new Tashkent International Airport in Uzbekistan.

Agreement for the key public-private partnership (PPP) project was signed earlier this month at a ceremony held on the sidelines of the Tashkent International Investment Forum, marking a key milestone for the project.

The new airport will be constructed and operated by a consortium of internationally comprising Vision Invest of Saudi Arabia, Sojitz Corporation of Japan, and Incheon International Airport Corporation of South Korea.

Situated on a 1,310-hectare site in the Tashkent region, the airport is designed to become a premier regional aviation hub for Central Asia.

The facility will include a 208,000sqm passenger terminal and two runways ultimately capable of handling up to 20 million passengers and 129,000 tonnes of cargo annually.

Freshfields has been advising the sponsors on all aspects of the project and continues to support on successfully achieving financial close with a consortium of senior lenders, including leading international financial institutions, later this year.