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    Uzbekistan

    Kazakhstan to construct international airport in Jetisu region with German investment

    Kazakhstan to construct international airport in Jetisu region with German investment

    Reports from the regional administration reveal plans for the construction of an international cargo and passenger airport in the Jetisu region of Kazakhstan. Positioned within the territory of the free economic zone "Korgas - Eastern Gate," this ambitious project is poised to catalyze economic growth and enhance connectivity in the region.

    Signing of the documents.
    Source: Regional administration of Jetisu region.

    Investment and Partnership

    The venture, spearheaded by the German company The Hansa Consortium, is slated to entail an investment of KZT 250bn, equivalent to over $557mn. This joint endeavor between Kazakhstan and Germany underscores the strategic collaboration between the two nations.

    The Kazakhstan-Germany joint project will unfold in three stages, with an estimated creation of 700 jobs. The phased approach reflects a meticulous strategy aimed at ensuring the efficient and sustainable development of the airport infrastructure.

    Upon completion, the airport will boast a cargo capacity of 50,000 tons, facilitating seamless transportation of goods and bolstering trade links. Additionally, the passenger terminal is anticipated to accommodate up to 500 individuals per hour, providing enhanced accessibility and convenience for travelers.

    Diversification of Services

    In addition to its core functions as a cargo and passenger hub, the project envisions the expansion of production capacities and the establishment of auxiliary facilities. Plans include the construction of a hotel, trade, and entertainment center, further enriching the region's amenities and fostering a conducive environment for business and leisure activities.

    The comprehensive development plan is projected to reach fruition by 2032, with the airport slated to commence operations by 2027. This timeline underscores a commitment to meticulous planning and execution, ensuring the timely realization of the project's objectives.

     

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    29.03.2024, 17:00   Comments (0)   3477
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