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President of Uzbekistan announced plans to engage foreign company to help manage “Uzbekistan Airways” company

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President of Uzbekistan announced plans to engage foreign company to help manage “Uzbekistan Airways” company

In a meeting devoted to ensuring sustainable functioning and consistent development of Uzbekistan’s transport industry, President of the Republic Shavkat Mirziyoyev announced plans to entrust “Uzbekistan Airways” to managerial hands of foreign company, informs “Dunyo” correspondent with reference to Press-service of the President of Uzbekistan.

Uzbek leader said that to date, domestic transport enterprises suffered 340 billion soums loss due to quarantine restrictions. “The figure will increase until the epidemiological situation is stabilized,” noted in the meeting.

To assist the industry and mitigate the impact of COVID-19 outbreak, the government has taken few measures. Particularly, “Uzbekistan Airways” and “Uzbekistan Airports” joint stock companies were deferred $122 million loans and tax credits for more than 60 billion soums. Bоth were provided $50 million interest-free loans from the Anti-Crisis Fund.

Shavkat Mirziyoyev put forward a number of orders. Thus, Ministry of Transport is assigned to develop a business model for “Uzbekistan Airways” and “Uzbekistan Airports” as a response to pandemic.

Except for engaging foreign company to manage “Uzbekistan Airways”, Uzbek President revealed plans to announce tender to upgrade local airports and transfer of Andijan, Bukhara, Urgench and Karshi international airports to public-private partnership.


UzA