• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

    CX North America Releases Next-Generation Mobile App for Drivers

  • Articles
  • Press Statements
  • Market Reports
    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

    HPC leads machine learning initiative at Hamburg container terminal

    Chinas busiest port sees growth in sea-rail transport

    IATA health checklist to help airlines implement ICAO Covid-19 guidance

    Air cargo demand helps Korean to Q3 operating profit

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Kuehne + Nagel makes acquisitions in the Netherlands and Belgium to expand its overland network

    Transoft acquired Keysoft Solutions

    Transoft Solutions Completes Acquisition of Uk-based Keysoft Solutions

    GRAHAM

    GRAHAM revenue stabilisation sets the platform for sustainable growth

    DP World Acquires Topaz in USD 1.1 Bn Deal

    DP World Acquires Topaz in USD 1.1 Bn Deal

    Siemens sells electric aircraft-propulsion business to Rolls-Royce

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

    C.H. Robinson Acquires The Space Cargo Group to Expand Global Presence

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Airways

EBRD and IFC to support infrastructure upgrades at Almaty Airport

4th October 2021
in Airways, News
EBRD and IFC to support infrastructure upgrades at Almaty Airport
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter

Almaty International Airport (ALA) in Kazakhstan is set for key infrastructure upgrades with European Bank for Reconstruction and Development (EBRD) and International Finance Corporation (IFC) arranging loans of $150m each.

This financing will be used to strengthen operations at the airport, which used to serve nearly seven million passengers annually and manage up to 220 flights per day prior to the Covid-19 pandemic.

The loan will be provided to an investor consortium led by global airport operator TAV Airports and will support a $780m development project.

IFC and EBRD will also jointly mobilise a parallel loan amount of $78m from Eurasian Development Bank (EDB) and German development finance institution DEG.

EBRD president Odile Renaud-Basso said: “We are very proud to team up with the IFC, EDB and DEG to support such an important infrastructure project for both Kazakhstan and Central Asia. It will help create a major regional transport hub and will support the post-Covid-19 recovery.

“Over many years, we have worked with TAV Airports in various markets and are confident that the blend of our financial resources and their experience will make this another successful joint undertaking.”

Upon completion, the project will facilitate better regional and international connectivity for air travellers in Kazakhstan.

Additionally, a grant of $600,000 from the Global Environmental Facility is said to help the new airport terminal become the first Excellence in Design for Greater Efficiencies (EDGE) advanced-certified airport in Central Asia.

TAV Airports will implement EDGE standards in resource efficiency that are in line with the recommendations of the International Civil Aviation Organization (ICAO). These include practices for lowering noise, light, waste and greenhouse gas emissions, use of high-grade insulation materials, as well as water-efficient equipment.

Additionally, TAV airports will develop a training programme for young women and men with the cooperation of Almaty’s Civil Aviation Academy and Aviation College to improve employment opportunities in the region.

Last month, EBRD acquired an indirect equity stake in SOF Connect, the company managing Bulgaria’s Sofia Airport (SOF) through a concession agreement with the Bulgarian Government.

Previous Post

JetBlue signs SAF purchase deal for use at New York airports

Next Post

Progress Rail and NSC partner on EMD GP34ECO locomotive

Related Posts

Fast Corridor Is A Vision MSC Has For Italian Rail Freight
News

Fast Corridor Is A Vision MSC Has For Italian Rail Freight

25th July 2022
Kazakh Caspian Sea Ports Claim Record Cargo Flow In 22 H1
News

Kazakh Caspian Sea Ports Claim Record Cargo Flow In 22 H1

25th July 2022
UK Plans A $95mn Hydrogen Gigafactory To Create Auto Parts
Equipments & Devices

UK Plans A $95mn Hydrogen Gigafactory To Create Auto Parts

25th July 2022
South-East Queensland Seeking To Introduce Flying Taxis
Airways

South-East Queensland Seeking To Introduce Flying Taxis

25th July 2022
UK Outlines Plan To Accomplish Net Zero Aviation By 2040
Airways

UK Outlines Plan To Accomplish Net Zero Aviation By 2040

25th July 2022
To Upgrade US Airports, $1B From Infrastructure Act Released
Airways

To Upgrade US Airports, $1B From Infrastructure Act Released

13th July 2022
Next Post
Progress Rail and NSC partner on EMD GP34ECO locomotive

Progress Rail and NSC partner on EMD GP34ECO locomotive

Latest Post

South-East Queensland Seeking To Introduce Flying Taxis
Airways

South-East Queensland Seeking To Introduce Flying Taxis

25th July 2022
UK Outlines Plan To Accomplish Net Zero Aviation By 2040
Airways

UK Outlines Plan To Accomplish Net Zero Aviation By 2040

25th July 2022
To Upgrade US Airports, $1B From Infrastructure Act Released
Airways

To Upgrade US Airports, $1B From Infrastructure Act Released

13th July 2022
Airways

IATA and ICP comes together to Enhance Air Cargo Security in the UAE

26th May 2022
International Airlines Group Finalizes Agreement for Up to 150 737 Jets
Airways

International Airlines Group Finalizes Agreement for Up to 150 737 Jets

23rd May 2022
easyJet partners with Cranfield Aerospace Solutions (CAeS) on development of zero-emission aircraft
Airways

easyJet partners with GKN Aerospace to accelerate adoption of hydrogen in aviation

29th April 2022
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2017 Copyright Valuemediaservices 2017 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2017 Copyright Valuemediaservices 2017 All rights reserved.