Tweet
TendersInfo - Project Notices
July 29, 2011 Friday
Armenia: Armenia International Airport Phase II
Country: Armenia
Project number: 39334
Business sector: Transport
Public/Private: Private
Environmental category: B
Board date: 10 Dec 2009
Status: Signed
PSD disclosed: 30 Sept 2008
EBRD Finance
USD million equivalent senior loan; parallel financing to be provided
by DEG and ADB.
Project Cost
USD 173.0 million
This proposed project involves the construction and purchase of
equipment for the second phase of the Passenger Terminal complex at
Zvartnots International Airport, Armenia and will facilitate the
completion of Airport Terminal development reallocating all operations
(arrivals and departures) from the old Airport building. This will
increase significantly the speed and comfort of passenger processing
at Zvartnots whilst also providing a wider scope of services, such as
retail activities and car parking operations.
The implementation of the Project is a source for transition impact
through private ownership support in the sector, demonstration effect
in the Caucasus region, transfer of know-how and increase of
competition in regional air transportation.
The Project will extend the Bank s support to the final phase of the
airport terminal development at Zvartnots, financed and operated by a
private sector airport manager.
With expansion of the terminal space and the activities, the
concessionaire will be able to expand its commercial practices to
cover a wider scope of non aeronautical services. With the continuous
growth of its airport operations, the transfer of skill and know-how
to the airport staff will continue with adoption of the latest airport
operations policies, passenger screening and security arrangements.
The on-going dialogue with the Government of Armenia in relation to
the changes and amendments to the airport s Master Plan as well as the
financial contractual arrangements under the concession agreement
continue to strengthen the frameworks for markets in the country with
the Government, as represented by the General Aviation Directorate,
adopting more commercial working and supervision methods to be able to
monitor and evaluate the operations of the Manager.
July 29, 2011 Friday
Armenia: Armenia International Airport Phase II
Country: Armenia
Project number: 39334
Business sector: Transport
Public/Private: Private
Environmental category: B
Board date: 10 Dec 2009
Status: Signed
PSD disclosed: 30 Sept 2008
EBRD Finance
USD million equivalent senior loan; parallel financing to be provided
by DEG and ADB.
Project Cost
USD 173.0 million
This proposed project involves the construction and purchase of
equipment for the second phase of the Passenger Terminal complex at
Zvartnots International Airport, Armenia and will facilitate the
completion of Airport Terminal development reallocating all operations
(arrivals and departures) from the old Airport building. This will
increase significantly the speed and comfort of passenger processing
at Zvartnots whilst also providing a wider scope of services, such as
retail activities and car parking operations.
The implementation of the Project is a source for transition impact
through private ownership support in the sector, demonstration effect
in the Caucasus region, transfer of know-how and increase of
competition in regional air transportation.
The Project will extend the Bank s support to the final phase of the
airport terminal development at Zvartnots, financed and operated by a
private sector airport manager.
With expansion of the terminal space and the activities, the
concessionaire will be able to expand its commercial practices to
cover a wider scope of non aeronautical services. With the continuous
growth of its airport operations, the transfer of skill and know-how
to the airport staff will continue with adoption of the latest airport
operations policies, passenger screening and security arrangements.
The on-going dialogue with the Government of Armenia in relation to
the changes and amendments to the airport s Master Plan as well as the
financial contractual arrangements under the concession agreement
continue to strengthen the frameworks for markets in the country with
the Government, as represented by the General Aviation Directorate,
adopting more commercial working and supervision methods to be able to
monitor and evaluate the operations of the Manager.