Hanjin Group forges Air Silk Road deal with Uzbekistan authorities

HANJIN Group, Korea's global logistics company providing air, sea and land transport, is leading the project to create a central Asian logistics hub in Uzbekistan.

Under the deal, Hanjin Group will work with the Uzbekistan government to lay the foundation for turning Navoi Airport into a logistics hub from 2009 to 2013, said a company statement.

The first step will be building airport infrastructures such as cargo terminal facilities, equipment and ground transport network connections. This will be followed by airport development phases designed to increase air cargo capacity, expand air cargo network and attract global logistic companies.

For the following five years, 2014 - 2018, the project will then focus on nurturing airport's growth into a hub, inducing more air cargo flow through Navoi.

The Navoi development project is now beginning, but I am confident that Navoi, as the centre of the new Air Silk Road, will become a new growth engine for both Uzbekistan and Hanjin Group, said Hanjin group chairman Yang Ho Cho.

Hanjin Group will spare no effort in supporting the growth of Navoi into central Asia's best hub, promoting the growth of the airport and its surrounding industries as Hanjin participates in the airport's management, he added.

Before signing, Mr Cho visited Uzbekistan's Deputy Prime Minister Rustam Azimov to discuss the significance of the agreement and future cooperation between Korea and Uzbekistan in aviation.

Source: Schednet