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Saturday, August 19, 2017

EBRD to help finance airport expansion in Turkey

The European Bank for Reconstruction and Development (EBRD) said Wednesday that it would be financing construction of a terminal at the Dalaman airport in Turkey.

The loan of approximately $196 million will allow the terminal to feature environmentally conscious construction and have auxiliary structures for parking and road access, EBRD said.

“We are pleased to support greater private-sector participation in transport infrastructure projects which improve people’s lives and strengthen important sectors of the Turkish economy," EBRD Director for Transport Sue Barrett said. "Dalaman is the first regional airport that the EBRD is financing and we expect other regional airports to be operating under successful public-private partnership schemes in future.” 

EBRD said it predicts that with the new terminal, the airport will be able to increase the capacity for domestic travelers by approximately 7 million on an annual basis. The airport currently has a capacity of 3 million passengers.

Organizations in this story

European Bank for Reconstruction and Development One Exchange Square London EC2A 2JN United Kingdom

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