Uzbekistan Airports, the state-owned company managing the Central Asian republic’s 11 international and 8 domestic airports, has signed a landmark direct foreign financing agreement with Germany’s Helaba Bank (Landesbank Hessen-Thüringen). This agreement provides long-term financing without a sovereign guarantee, a significant milestone for both the company and the nation’s aviation sector.
Namangan Airport, Uzbekistan’s third-largest air gateway, is undergoing a major transformation with the construction of new passenger and cargo terminals set to open in 2026. The announcement was made by the press service of President Shavkat Mirziyoyev after his inspection of the construction works, underscoring the government’s focus on expanding national aviation infrastructure.
Uzbekistan Airports (#Uzairports), the state-owned operator of all airports in Uzbekistan, has received its first international credit rating from Fitch Ratings, which assigned a ‘BB’ Long-Term Issuer Default Rating (IDR) with a stable outlook. The rating is equalized with that of the Republic of Uzbekistan, its ultimate parent, and highlights the company’s pivotal role in the country’s aviation and economic development…
