Kazakhstan to Transfer Turkistan and Kyzylorda Airports to Trust Management

Kazakhstan will place the airports in Turkistan and Kyzylorda under the trust management of Vietnam’s Sovico Group. This decision was announced by Vice Minister of Transport Maksat Kaliakparov during the Global Avia Day international forum on December 18 in Astana, as reported by Kazinform.

“Sovico Group plans to enter the Kazakh market, acquire Qazaq Air, and expand its fleet with over 20 aircraft,” said Kaliakparov.

He stressed that safety and control remain top priorities, with strict adherence to International Civil Aviation Organization (ICAO) standards, which include 193 member countries.

The airports will remain state-owned and be transferred only for trust management, not private ownership.

“We attract international companies with experience to invest, develop a financial and economic model and development strategy,” Kaliakparov explained.

“These companies offer long-term plans — for five, ten, 15 or 20 years, which we use to shape our strategies. This is absolutely normal global practice,” he added.

Photo credit: gov.kz.

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© Свидетельство о постановке на учет периодического печатного издания, информационного агентства и сетевого издания №KZ15VPY00079493 выдано 19.10.2023