TASHKENT, Uzbekistan, November 28. Uzbekistan Airports and Korea Airports Corporation have signed a Memorandum of Understanding on the creation of an airport personnel training center, Trend reports.
The corresponding document was signed between Acting Chairman of the Board of Uzbekistan Airports Zhavlonbek Umarkhodzhayev and President of Korea Airports Corporation Yoon Hyeong-jung.
As per Uzbekistan Airports, the project will be implemented at the expense of a grant from the Korean International Cooperation Agency, which will finance the construction and equipment of the facility.
The document also provides for cooperation in the fields of airport management, exchange of experts, development of joint programs and projects in the aviation industry, staff training.
Earlier this year, Uzbekistan and South Korea expressed their readiness to create joint transport and logistics companies.
In October 2023, South Korean Hyundai Rotem, specializing in manufacturing of rolling stock, military equipment and plant engineering, agreed to supply Uzbekistan with 6 high-speed trains.
This project will receive its financial backing from the South Korea Economic Partnership Development Fund (EDCF), which will provide a loan in the amount of 185 million euros.
The loan is established to carry a preferential rate of 0.1 percent and will remain in effect until 2058.
