A consortium comprising subsidiaries of French airport operator Aeroports de Paris (AdP), developer Bouygues and Croatian construction company Viadukt have reached commercial close for Zagreb Airport with the Croatian government, the partners announced yesterday.
The winning team will now start working toward financial close, but did not specify a closing date.
The deal calls for the consortium – known as Zagreb Airport International Company – to build a new passenger terminal at the airport and then operate it for 30 years. The concession contract is worth €324 million, with €236 million to be spent building the new terminal and €88 million in maintenance and operation costs throughout the life of the concession.
Bouygues and Viadukt will be responsible for building the new airport terminal, which is scheduled to take three years, whereas AdP, which runs some 19 airports across the globe, will be in charge of operating and maintaining Zagreb Airport.
Once the new terminal is built, capacity at Zagreb Airport is expected to more than double from the current two million to five million passengers annually.