A consortium of Türkiye’s Limak and Qatar’s HBK Contracting has won an international tender to build and operate a new airport terminal in Bukhara, Uzbekistan, under a 23-year public-private partnership, with the project potentially costing up to $300 million.
Uzbekistan Airports confirmed that the consortium of Limak İnşaat Sanayi ve Ticaret A.Ş. and Hamad Bin Khalid Contracting Company W.L.L. (HBK Contracting) had won the tender for the New Bukhara International Airport project.
Under the Build-Transfer-Operate (BTO) model, the consortium will construct and operate a passenger terminal capable of handling 1,200 passengers per hour. It will also develop the terminal forecourt, car parking facilities and related infrastructure.
The government will retain responsibility for building and operating the airfield complex, including the runway and apron.
The two sides are expected to sign a 23-year public-private partnership agreement, including a construction phase lasting up to three years.
Financial details of the winning bid, including the total investment and revenue-sharing arrangements, have yet to be disclosed.
Türkiye’s Limak has experience developing and operating major international airports, including those in Pristina, Kosovo, and Dakar, Senegal.
The company was also involved in the construction and operation of Istanbul Airport and is currently developing a new terminal at Kuwait International Airport.
Qatar’s HBK Contracting was the main contractor behind Lusail Stadium, which hosted the 2022 FIFA World Cup final.
The Bukhara airport project was first presented to Uzbek President Shavkat Mirziyoyev in May 2024, with an initial estimated cost of $226 million. Reports earlier this month indicated that the figure could rise to $300 million.
Construction is expected to be completed by autumn 2027, with plans also including a roughly 24-kilometre road linking the new airport to central Bukhara.
In January 2024, Uzbekistan’s Cabinet of Ministers initially approved plans to appoint Ark Port as the project's private partner through direct negotiations, without a competitive tender.
Ark Port is wholly owned by Sanoat Energetika Guruhi Enera, part of a business group that includes Eriell Group, Enter Engineering and Saneg.
Earlier this year, the group reportedly faced financial difficulties, prompting the government to order the sale of non-core assets to repay debts owed to employees, the state budget and banks.
The development comes as passenger demand continues to put Bukhara on the international aviation map. The existing Bukhara International Airport handled 574,000 passengers in 2025, with international flights accounting for most of the traffic.
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