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CROATIA. An alliance led by Aéroports de Paris has concluded a deal to take over the management, operations and development of Zagreb Airport under a 30-year deal. The partners were named as the preferred bidders late last year.
The concession contract includes:
*the financing, design and construction of a 65,000sq m airport terminal to replace the current one, now at saturation point.
*operating the airport for close to 30 years; including the runways, the current passenger terminal during the entire construction period, the new terminal once it is completed, the cargo terminal, car parks and future property developments.
The project comprises a total investment of €331 million: €243 million for the design and construction of the new terminal and €88 million for the maintenance of the airport infrastructure over the period of the concession.
The new operating company MZLZ (Međunarodna Zračna Luka Zagreb) comprises shareholders Aéroports de Paris Management (20.77%); Bouygues Bâtiment International (20.77%); Marguerite Fund (20.77%); IFC (17.58%); TAV Airports (15.0%) and Viadukt (5.11%).
Among the partners, Aéroports de Paris Management and TAV Airports will be responsible for operating and maintaining the airport. This new airport will further expand the portfolio of 21 and 12 airports already operated by Aéroports de Paris Management and by TAV Airports, respectively.
Construction works, which are under way, will last three years and will be carried out by Bouygues Bâtiment International in conjunction with Viadukt and other industry-recognised Croatian contractors.
The new terminal has been designed by the architects Kincl, Neidhardt & Radic, with support from design office IGH. Once completed, the new terminal – scheduled to be delivered at the end of 2016 – will be capable of handling 5 million passengers annually, compared to the current capacity of 2 million passengers.
The financial lenders for this project are the European Investment Bank (EIB), IFC, Unicredit Bank Austria and Deutsche Bank.
Travel retail at the airport is currently handled in-house by Zagreb Airport, with supply by Gebr Heinemann.
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