The project will finance the rehabilitation of the runway, taxiways, and apron, and upgrade of lighting navigational aids at Astana Airport as part of the airport modernization project.
The project will help meet International Civil Aviation Organization (ICAO) safety requirements and double the handling capacity of the Astana Airport.
The project will
- increase airport tariffs and build financial sustainability;
- deregulate airport activities, promote private sector involvement in non-aeronautical commercial activities and commercialization of the airport,
- develop institutional changes and restructuring plan in the medium-term; and
- improve safety standards and compliance with relevant ICAO requirements.
|Funding Agency||Amount (USD millions)||Notes|
|Government of Kazakhstan||231|
|European Bank for Reconstruction and Development||45.7|
|Development Bank of Kazakhstan||46|