Management agreement for Uzbekistan’s Navoi airport by Korean Air extended until 2019

Tashkent, Uzbekistan, Jan.8

By Demir Azizov- Trend:

Uzbekiston Havo Yullari (Uzbekistan Airways) national airline and Korean Air (South Korea), have extended an agreement on the management of Navoi international airport by the South Korean airline until Jan. 2019, the Uzbek national airline's management told Trend on Jan.7.

As reported earlier, an initial agreement on the transfer of Navoi airport to be placed under the management of Korean Air was signed in December 2008 for a period of five years with the possibility of further extension.

Under the agreement, Korean Air manages the whole structure of the airport at Navoi including its tariff policy, logistics and freight matching routes.

In August 2010, Navoi International Airport (Uzbekistan) put into operation a cargo terminal which became a key stage of the investment project to build an international intermodal logistics centre on the base of Navoi airport and implemented with the participation of Korean Air.

The logistics centre with a capacity of up to 300 tons per day includes a cargo terminal, fuel-filling complex, air traffic control centre and other units with the necessary infrastructure. South Korean Airlines Boeing 747-400 cargo aircraft fly to 12 destinations.
Due to the extension of the agreement by the decision of the President of Uzbekistan, the previously established tax and customs privileges for Korean Air within project to build the international intermodal logistics centre at the airport were extended until January 1, 2019.

In particular, Korean Air is exempt from customs duties (except customs clearance fees) for goods and equipment imported into Uzbekistan on the list approved by the government.

In addition, the airline is exempt from tax on income received in Uzbekistan and the airline staff sent for a permanent job to the country from the payment of income tax.

Navoi Airport is also exempt from customs duties (excluding customs clearance fees) for goods imported for its own needs for the development of the airport and creation on its base of the international intermodal logistics centre, as well as from the unified social payment of Korean Air staff salaries sent for a permanent job to Uzbekistan.

Translated by M.L.

Edited by S.M.

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