Vietnam's Savico Group Considers Buying Kazakh Airport After Acquiring Airline

Potential deal signals growing Vietnam-Kazakhstan ties in aviation and transport infrastructure
  • Defensemirror.com bureau
  • 07:55 AM, May 7, 2025
  • 894
Vietnam's Savico Group Considers Buying Kazakh Airport After Acquiring Airline
@Qazaq Air

Vietnam’s Savico Group is exploring the purchase or trust management of a Kazakh airport following its recent acquisition of Qazaq Air, according to Kazakh Deputy Prime Minister Serik Zhumangarin.

“The well-known Vietnamese company Savico Group, which recently acquired the airline Qazaq Air, is now planning to expand its operations here,” Zhumangarin was quoted as saying by reports after meeting with company representatives. “They are currently exploring the possibility of either purchasing an airport or taking it into trust management, since any airline needs a base airport.”

Zhumangarin highlighted that Savico Group is expanding rapidly and has strong partnerships with international carriers. “Vietnam has made impressive strides in aviation and logistics, and we can certainly learn a great deal from their experience,” he added.

The potential acquisition is seen as an important step in strengthening economic and transport links between Kazakhstan and Vietnam. Analysts say that if the deal goes through, it could position Kazakhstan as a regional hub for Vietnamese air operations, unlocking new transit and cargo routes across Central Asia.

Savico Group’s move also reflects a broader trend of Southeast Asian firms making strategic investments in Eurasia. Industry observers note that such international collaborations could bring modernization, improved efficiency, and global standards to Kazakhstan’s aviation sector.

Kazakhstan has been working to diversify its economy and improve transport logistics under regional projects like the Trans-Caspian International Transport Route (TITR). Partnerships with foreign investors such as Savico Group are seen as key to enhancing air connectivity and shaping the region’s future.

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