The loan will finance emergency runway rehabilitation, installation of high intensity lights, and modernization of radio and ground control safety equipment at the Khujand International Airport. The project includes technical assistance for the development of a master plan for the airport as well as improvements to management accounts and adoption of International Financing Reporting Standards (IFRS).
The main objectives of the master plan are expected to cover (i) a long term master plan for the airport, (ii) commercialization strategy for non-aeronautical revenues, (iii) achievement of International Civil Aviation Organization (ICAO) compliance, (iv) IFRS accounting action plan, (v) quality management and ISO compliance, and (vi) assistance with ESAP compliance.
|Funding Agency||Amount (USD millions)||Notes|
|European Bank for Reconstruction and Development||1|