EBRD finances expansion of Dalaman airport

The European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of a new domestic terminal at Dalaman airport in the south-western Turkish province of Muğla under a public-private partnership (PPP) scheme. The Bank is lending US$196 million to YDA Havalimani Yapim ve Isletme, a special-purpose company set up by the Turkish construction and infrastructure company YDA Insaat, which was awarded the concession contract last year. The funds will be used to build a new ener
February 27, 2015 Read time: 1 min
The 2001 European Bank for Reconstruction and Development (EBRD) is financing the construction and operation of a new domestic terminal at Dalaman airport in the south-western Turkish province of Muğla under a public-private partnership (PPP) scheme.

The Bank is lending US$196 million to YDA Havalimani Yapim ve Isletme, a special-purpose company set up by the Turkish construction and infrastructure company YDA Insaat, which was awarded the concession contract last year.

The funds will be used to build a new energy-efficient and environmentally friendly domestic terminal with auxiliary structures including road access and parking facilities. The project will accommodate the strong growth in domestic and international traffic at Dalaman airport.

The new terminal will increase domestic passenger capacity of Dalaman airport from the current three million to ten million passengers per year, giving a significant boost to the tourism industry.

For more information on companies in this article

Related Content

  • Sprawl spreads the costs and confines the benefits
    June 8, 2015
    A new report says car-centric planning leads to inefficient cities and divided communities as lead author Todd Litman explains. Between 1950 and 2050 the human population will have approximately quadrupled and shifted from 80% rural to nearly 80% urban; by the middle of this century the United Nations predicts an additional 2.2 billion urban residents in developing countries than there are today. How these cities grow has huge economic, social and environmental impacts and implementing proper policies can c
    Read More
  • Gulf Traffic 2015 sent to be ‘one of the largest ever’
    October 19, 2015
    Gulf Traffic 2015 is shaping up to be one of the largest ever, say the organisers, with floor space nearly sold out four months away from the opening date. Significant investment over the past year in the Middle East within the traffic management, intelligent transport systems (ITS), road safety, parking, road maintenance and transport infrastructure industries has been reflected in the growth of the exhibition, conferences and awards. The GCC is set to invest approximately US$121.3 billion to improve
    Read More
  • Syracuse models post-industrial revival for US cities
    August 13, 2015
    A connective corridor in Syracuse, New York State, could be a model for other post-industrial cities, as David Crawford discovers. The aim of the city of Syracuse’ 5.6km-long Connective Corridor in Onandaga County in upstate New York is to create a model ‘complete street’ for use in wider regeneration schemes. Key transport-sector components are traffic calming, high-quality transit with accessible passenger information, plus walkability and bike-friendliness.
    Read More
  • Ukraine turns to ITS to cope with traffic increases
    June 9, 2015
    With increasing road fatalities the Ukrainian government is planning to introduce ITS technology in 2016-2017. Eugene Gerden finds out more. The government of Ukraine is considering a massive introduction of ITS in the national system of traffic during the period 2016-2017, according to a recent statement by the Ukrainian Ministry of Transport. According to the Ukrainian government, implementation of the project is an acute need, as in recent years the number of road accidents in Ukraine has significantly
    Read More

Highlighted Content