Limak Kosovo International Airport JSC Consortium, an alliance between Limak Holding and Aeroport de Lyon, has been awarded a contract to renovate Pristina International Airport in Kosovo.
Under the agreement with the Kosovo Government, the consortium will invest €140m ($178m) in the airport by 2012 and operate it for 20 years, according to todayszaman.com.
The construction, to begin in six months, will cover an area of 104,000m², and increase the airport’s annual capacity from 1 million passengers to 4 million.
The work involves building a new 27,000m² terminal, a new 77,000m² apron, a control tower, ground handling facilities, fuel storage and parking lots.
The consortium will pay around 18%-50% of the total endorsement, which is expected to amount to €400bn ($510bn) in 20 years to the Kosovar State.