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New Passenger Terminal Worth USD 160 Mln Opens At Zvartnots Airport

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  • New Passenger Terminal Worth USD 160 Mln Opens At Zvartnots Airport

    NEW PASSENGER TERMINAL WORTH USD 160 MLN OPENS AT ZVARTNOTS AIRPORT

    arminfo
    Friday, September 16, 21:12

    The ribbon cutting ceremony of a new passenger terminal worth USD
    160 mln at Zvartnots Airport on Friday. The investments have been
    attracted by the concessionaire "Armenia International Airports".

    Armenian President Serzh Sargsyan and other officials attended the
    ribbon cutting ceremony.

    The new terminal occupies an area of 34 thsd sq m. A two-storey
    building has been built. It has new halls for departure and arrival
    of passengers, a department for registration of the passengers, as
    well as shops and restaurants. The arrival hall will be opened in
    early October, and the departure hall - in late October.

    A two-deck parking area has also been built, which accommodates 600
    cars. After the launch of the new passenger terminal, the capacity
    of the airport will grow to 3 mln passengers per annum against the
    former 2 mln. The number of registration desks equipped with up-to-date
    CUTE technologies has been increased from 21 to 46. This will allow
    avoiding queues.

    To recall, On 17 December 2001 the Armenian Government and Eduardo
    Eurnekian, Argentine entrepreneur of Armenian origin, signed an
    agreement on concessional management of Zvartnots Airport for 30
    years. In 2002 the concessional management right passed to Armenia
    International Airports belonging to Eurnekian. The total volume of
    the concessionaire's investments in upgrading of the airport amounted
    to USD 320 million. Loans were provided by the European Bank for
    Reconstruction and Development, Asian Development Bank and Deutsche
    Investitions-und-Entwicklungsgesellschaft. The concessionaire also
    invested his own funds.


    From: Baghdasarian
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