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Sunday, May 19, 2024
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Macroregional Context




Four airports in Uzbekistan will be transferred to private sector management this year

President Shavkat Mirziyoyev announced at the Tashkent Investment Forum significant steps toward further privatization within Uzbekistan’s transportation infrastructure, particularly in aviation and railway sectors. Mirziyoyev revealed plans to transfer the management of four additional airports—Andijan, Namangan, Bukhara, and Urgench—to the private sector within the year 2023.

This move comes as part of a broader strategy to revitalize Uzbekistan’s transportation framework and enhance its efficiency and global connectivity. The aviation sector, once entirely state-owned, has seen substantial growth and transformation with the introduction of private competition. Currently, there are five private airlines operating, and the Samarkand airport has already successfully transitioned to private management under Air Marakanda. This shift has markedly increased the number of flights, which have risen by 2.5 times.

Mirziyoyev also highlighted ongoing and upcoming reforms in the railway sector, inviting investors to actively engage in these developments. This invitation underscores the government’s commitment to upgrading its transportation infrastructure and enhancing service quality across the board.

Implications for the Furniture and Home Goods Industry

Enhanced air and rail connectivity will likely facilitate smoother and faster logistics for importing raw materials and exporting finished products, potentially reducing costs and improving market access. For businesses, the expansion in transportation options and capacities could open up new avenues for growth. Companies may find it advantageous to explore new supply chain strategies that capitalize on improved efficiencies in freight and passenger transport services. Additionally, the influx of private investment and management expertise could lead to more reliable and frequent transport services, enabling businesses to better meet the demands of both domestic and international markets.

Industry stakeholders should consider these developments when planning future investments or expansions. Keeping abreast of the specific opportunities arising from the transportation sector’s privatization could provide critical advantages in a competitive market. Engaging with potential investors and understanding the evolving landscape will be key to maximizing the benefits from Uzbekistan’s ambitious infrastructure reforms.

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