Refinancing, reconstruction and expansion of Almaty International Airport
Kazakhstan

Refinancing, reconstruction and expansion of Almaty International Airport

Industry:
Transport
Financing type:
Project finance
Year:
2021
Status:
Current
$737m
Project amount
$38.8m
EDB share

Project overview

Almaty International Airport handles up to 64% of Kazakhstan's air passengers and more than 84% of its air cargo. Modernisation is expected to support the country's sustainable growth and international transport and logistics links.

The project plans to build a new terminal and modernise the existing airport, remove capacity constraints, develop routes, increase flight frequencies and improve customer service. The EDB is providing financing under a common terms agreement alongside the EBRD, IFC and DEG.

Project goals and objectives

Contribution to the objectives of the EDB's 2022–2026 Country Strategy for Kazakhstan

Task 1
Priority 1.2

Development impact

105 m US$
additional annual output in Kazakhstan's economy
4.3 k tonnes
annual reduction in CO2 emissions
1,150
new jobs
up to 14 m
passengers per year; increase in airport capacity

Sustainable development goals:

Cross-country cooperation

Cross-country

cooperation

Development of cross-border infrastructure
Strengthening trade and economic cooperation

Investment mobilisation

Investment

mobilisation

MDB syndicate participation: