Hanjin Group’s ‘Navoi Project’, a project to develop Uzbekistan Navoi
Airport as an international logistics hub in central Asia, has achieved an
important landmark with the opening of the residential ‘HJ Navoi Complex’. Korean Air, a core subsidiary of
Hanjin Group, held an opening ceremony for the Complex yesterday 19th
of March.
The ‘HJ
Navoi Complex’ is built on an 18,188
square meter site near Navoi International Airport, in order to support the
development of the Navoi Free Industrial-Economic Zone (FIEZ). The Complex
consists of three buildings with 51 rooms, with leisure facilities such as a
fitness centre and swimming pool, for the use of Navoi FIEZ and airport related
personnel.
Hanjin
Group has progressed the ‘Navoi Project’ to provide a new growth momentum and
to help Korean businesses enter the Central Asian Market. Hanjin’s ‘Navoi
Project’ includes managing, alongside the Uzbekistan government, Navoi
International Airport - modernizing airport facilities, establishing a global
air cargo network and constructing an advanced logistics complex.
With the
opening of the ‘HJ Navoi Complex’ the Hanjin Group will now be able to create a
new logistics market as the FIEZ logistics volume will go up. In addition the
Uzbekistan government will have increased momentum in attracting foreign
businesses.
Among
the eighty guests at the ceremony were Mr. Chang Hoon Chi, President and COO of
Korean Air; Mr. Kyoo Won Kang, Senior Vice President of Korean Air; Mr. Azimov
Rustam Sadikovich, First Deputy Prime-Minister and Minister of Finance of the Republic of
Uzbekistan and Mr. Tyan Valery, Director General of Uzbekistan Airways.
Mr. Chi
the President and COO of Korean Air said. “HJ Navoi Complex is the first
chapter in Hanjin Group’s efforts to develop an advanced logistics complex in
the FIEZ area.”
“This
facility will not only provide a stable and pleasant residential environment
for the regional workers in Navoi but will also contribute in attracting
foreign businesses to the Navoi FIEZ area.”
Navoi
FIEZ is a 5million square meter site created by local government legislation in
2008. The Uzbekistan government is currently working to accelerate foreign
investment in electricity, electronic, machinery, petro chemistry and medical
areas. Corporates from seventeen countries, including South Korea, China, Oman,
Singapore and India, are currently constructing facilities in the area.
To
upgrade the standard of the HJ Navoi Complex, Korean Air has utilised its cargo
flights to transport good quality Korean furniture, kitchen utensils, and
building materials for installation.
The
HJ Navoi Complex will improve the work and living conditions and play an
important role in successfully developing the Navoi FIEZ. In addition, by
providing international standard accommodation for tourists traveling to nearby
attractions such as the “Silk Road”, Bukhara and Samarkand, it will support the
development of the Navoi tourism industry.
Hanjin
Group will develop the 1.2 million square meter land in correlation with the
development status of the Navoi FIEZ in order for it to play a crucial role in
the success of the Navoi project.
Hanjin
Group, since its first operation of cargo flights to Navoi in August 2008, has
been conducting a variety of projects to create Navoi as a logistics hub of
Central Asia.
Since
January 2009, Hanjin Group has managed Navoi International Airport hand in hand
with the Uzbekistan government. In January 2010 Hanjin Transportation Co., Ltd.
co-established ‘Eurasia Logistics Service’ with one of the local ground
transport companies in Navoi and in August 2010, built a new Navoi Cargo
Terminal, designed to handle 100,000 tons of cargo a year to strengthen the
ground network of Central Asia.