Business news from Ukraine

Business news from Ukraine

Japan to invest $1 bln in construction of new airport in Uzbekistan

The Nikkei Asia news portal reported that the Japanese company Sojitz will invest in the construction of a new international airport in Tashkent.

According to the publication, Sojitz will start implementing the project this year. The construction is part of the company’s $1 billion infrastructure investment.

The Tashkent airport will be built in partnership with the Saudi company Vision Invest on the basis of a public-private partnership. Sojitz plans to invest tens of billions of yen, or hundreds of millions of dollars, in the project. The company has previously participated in international airport projects in Kumamoto and Okinawa prefectures, as well as on the islands of Palau.

“The project for a new airport in Uzbekistan was approved in August 2025. According to the plan, its opening is scheduled for 2028. The new airport will be able to handle up to 20 million passengers per year and provide more than 40 takeoffs and landings per hour, making it the largest in Central Asia,” the article notes.

Sojitz also plans to participate in other infrastructure projects in Uzbekistan. Together with the Turkish company Ronesans International, it plans to build a large 800-bed hospital, a 1 GW wind farm, and a 1.6 GW thermal power plant in Samarkand.

According to Nikkei Asia, Uzbekistan is the largest country in the region with a population of 37 million. Annual GDP growth exceeds 6%, and tax breaks and incentives are available for foreign investors. The corporate tax rate is 15%.

“As of October 2024, 54 Japanese companies are operating in Uzbekistan, twice as many as in 2019. In June, Sojitz opened its first official office in Tashkent,” the publication notes.

The article also notes that other Japanese companies are actively developing infrastructure projects in Uzbekistan. For example, Toyota Tsusho, through its subsidiary Eurus Energy Holdings, is exploring a site for a 500 MW wind farm and has signed an agreement with NEC to build data centers. Marubeni, in partnership with the UAE, is implementing a project to build a wastewater treatment plant.

In addition, Nikkei Asia reports that Uzbekistan is in talks with Japan’s Ministry of Economy, Trade, and Industry to expand cooperation in the extraction of mineral resources, particularly those of strategic importance.

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New generation modern airport is being built in Tashkent

On June 18, the President of Uzbekistan inspected the construction of the new Tashkent East Airport, one of the country’s strategic infrastructure projects.

Construction on the former military airfield started in 2017.

The future airport is positioned as a transportation hub for the capital and the New Tashkent under construction. Its main activities will be receiving official visits and business trips of foreign investors. It is expected that its opening will stimulate the development of the tourism industry in Tashkent region.

According to the presented master plan, the total area of the new air harbor will be 561 hectares. The passenger terminal will serve up to 100 people per hour. The airfield’s apron will be able to park 23 double-deck Boeing 747s simultaneously.

The first phase of work, including the renovation of a 4-kilometer runway, was completed in 2023.

The airfield is capable of handling aircraft of all classes, including the heaviest ones.

The construction of two terminals is underway to accommodate official delegations and business aviation, as well as a runway and hangars for aircraft maintenance. The airport will be equipped with modern ICAO Class III-A radio and meteorological equipment. It will become the first air hub in Central Asia with ICAO Category III-A, which will allow it to receive flights even in fog and zero visibility.

The renovation of Tashkent-East is aimed at creating a modern, convenient and safe air hub that will relieve the capital’s main international airport and increase the overall level of air traffic.

Thanks to its favorable location, Tashkent-East will be able to reduce the load on the capital’s main international airport and increase the capacity of the country’s entire aviation infrastructure.

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Serbia claims concession for Montenegro’s airports

Serbian Finance Minister Sinisa Mali has stated that Serbia is interested in obtaining a concession to manage two international passenger airports in Montenegro — in Podgorica and Tivat.

According to him, despite repeated appeals to the Montenegrin authorities, Serbia has not been included in the process of considering concession proposals.

Mali stressed that Serbia is ready to invest in the development of these airports in excess of the current offers and has the necessary experience and resources to modernize aviation infrastructure, citing the successful development of Belgrade’s Nikola Tesla Airport.

The Montenegrin government is currently considering proposals from three companies interested in the airport concession, including a consortium from France and Turkey, as well as companies from Luxembourg and South Korea. The decision on the transfer of the airports to concession will be made after analyzing the proposals received.

However, there is active debate within Montenegro about the advisability of transferring the airports to concession. Some experts and trade union representatives have expressed concerns that such a move could lead to a loss of control over strategically important assets and negatively affect the country’s economy, especially given the significant role of tourism in Montenegro’s GDP.

Thus, despite the interest of Serbia and other foreign investors, the future of Montenegro’s airports remains uncertain, and the final decision will depend on the balance between economic interests and national development strategy.

Source: https://t.me/relocationrs/1041

 

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Lviv airport may resume flights in late spring – general director

Director General of the King Daniel Halytskyi International Airport “Lviv” (LWO) Tetyana Romanovska said that the airport may resume flights in late spring or early summer “under an optimistic scenario,” the Lviv edition of High Castle reports.

“We would like the opening of the airport to take place in the summer period, because we understand that the main air traffic falls on vacations, summer and when the day is long. If it happens as early as April or May, it will be very good for us,” Romanovskaya said in an interview.

She added that “five to seven” airlines are ready to work in Lviv, within a month after the launch of the terminal.

“Wizzair, Air Baltic, Turkish Airlines, Sky Up, Austrian Airlines, Lufthansa, LOT are ready to fly from Lviv. Now we are talking about restoring regular flights from Lviv. Sky Up airline is likely to try to return charter flights. They have a good network of routes in Europe”, – said the head of the airport.

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Boryspil Airport has announced tender for MTPL insurance services

State enterprise “International Airport “Boryspil” (Kiev) on April 25 announced a tender for the purchase of services of compulsory insurance of civil liability of owners of land vehicles (OSAGO), reported in the system of electronic public procurement Prozorro.

As noted, the expected cost of the purchase of services is UAH 157 thousand.

Security of the tender offer is not required.

The deadline for submission of bids is May 3

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Ukrainian company Avtomagistral-Pivden to build airport in Romania

Romania has signed an agreement with a consortium of concessionaires Avant Airports and Avtomagistral-Pivden to build a new airport near Bucharest, the company’s press service told Interfax-Ukraine.

The new airport may be built on the site of a decommissioned military airfield in the town of Alexene, 66 km from Bucharest, and will be an alternative to the airport in Otopeni. It will be able to handle all categories of cargo, accept wide-body, long-haul aircraft such as Boeing 777 or Airbus A330, create conditions for attracting low-cost airlines, and specialize in aircraft maintenance.

“We see Aleksene Airport as a state-of-the-art aviation hub and a driver of economic growth both for the Ialomita region and Romania as a whole. In Ukraine, our company has participated in the reconstruction of airports in Mykolaiv, Kherson, and Odesa. In Romania, we are completing the reconstruction of the Satu Mare airport runway, and now we have the opportunity to participate in what is probably the largest and most ambitious infrastructure project in Romania. Our victory in the tender is evidence of the trust in the company on the part of Romanian partners. If we manage to attract investment and implement the project, it will help us open the EU market,” said Mykola Tymofeev, CEO of Avtomagistral-Pivden.

The concept of the future airport will include a passenger terminal with an area of 30 thousand square meters, capable of handling 6.5 million passengers annually, as well as a cargo terminal of 20 thousand square meters to handle more than 10 thousand tons of cargo per year. The project’s facilities also include a 30,000-square-meter aircraft repair and maintenance facility, an aviation academy, fuel stations, customs, and a photovoltaic park designed to ensure the airport’s energy independence.

The project developer, Avant Airports, notes that it has attracted a team of the best civil aviation experts from more than 15 countries to develop the project. “Avtomagistral-Pivden will be responsible for the execution of the work.

During the signing of the concession agreement with the local community, the Jalomica region, Avant Airports co-founder Mircea Tudor noted that the company plans to build the world’s first passive airport and certify it according to BREEAM.

Alexene Airport will be Romania’s first private airport. Only the first stage has been completed, with a concession agreement signed with the local community. Now the developer can begin the process of attracting investments, which are estimated at EUR 400 million. The project will take four years to complete.

Avtomagistral-Pivden LLC has been on the market since 2004. It designs and builds highways, bridges, interchanges, airfield complexes, and hydraulic structures. The company’s owner is listed in Opendatabot as Oleksandr Boyko. According to the financial results for 2023, the company’s net profit amounted to UAH 624.9 million, and revenue was UAH 8.215 billion.

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