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

  • New riders get onboard the metabustrip
    October 5, 2016
    Bus travel booking is moving into the digital age as David Crawford discovers. A global surge in demand for intercity bus travel is fuelling new initiatives to make it easier for passengers to access information and book via the web by, fo example, using multi-sourced metasearch engines
    Read More
  • Ho Chi Minh City plans rapid bus system
    October 23, 2012
    As part of an initiative to develop a modern transport system for Ho Chi Minh City, the municipal administration plans to spend around US$152 million on a bus rapid transit (BRT) project that will run along the 25km Vo Van Kiet – Mai Chi Tho boulevard, connecting the eastern and western parts of the city. The BRT system is expected to have 30 modern buses and, according to the municipal transport department, is a feasible solution for traffic congestion problems. A green corridor that will use solar energy
    Read More
  • Funding boost for West Midlands transport links
    August 19, 2014
    The UK Department for Transport has agreed to fund a new bridge which will improve links to three of the West Midlands' economic powerhouses, Baroness Kramer has announced. Building work on the new A45 South Bridge in Solihull can start after the government agreed to provide US$13.8 million in funding towards the full project cost of US$20 million. The new bridge will significantly improve a transport link that carries 50,000 vehicles a day and will directly serve Birmingham International Airport, the
    Read More
  • Land of ITS opportunities
    February 2, 2012
    Geographically, Russia, the largest country in the world, is vast. So too are the opportunities for the global ITS community, which is why ITS Russia has been actively promoting the country and the opportunities that abound there. ITS Russia is reaching out around the world. In October, at the 17th ITS World Congress in Busan, South Korea, a cooperative agreement was signed with ITS America to promote and strengthen research, educational, and commercial cooperation in the ITS field among the two association
    Read More

Highlighted Content