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Dalaman Airport Domestic Terminal

Sector: Airport • Location: Turkey

Source: World Bank Group

Project
Active

YDA Group won the tender for the 25-year rights to operate the Dalaman airport by offering the highest bid of 705 million euro (US$ 800.7m) in the tender held by DHMI (General Directorate Of State Airports Authority) in March 2014. In addition, EBRD is providing €175 (US$ 197.7m) a 16-year A-loan composed of of €87.5 million for the Bank’s own account and a 15-year B-loan €87.5 million syndicated

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The project “Dalaman Airport Domestic Terminal” is an infrastructure initiative in the Airport sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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Description

Description

YDA Group won the tender for the 25-year rights to operate the Dalaman airport by offering the highest bid of 705 million euro (US$ 800.7m) in the tender held by DHMI (General Directorate Of State Airports Authority) in March 2014. In addition, EBRD is providing €175 (US$ 197.7m) a 16-year A-loan composed of of €87.5 million for the Bank’s own account and a 15-year B-loan €87.5 million syndicated to UniCredit Bank Austria. The concessionaire YDA Construction is also investing €75 (US$ 88m) million of equity Both the international and the new domestic terminal will be run by YDA Havalimani Yapim ve Isletme A.S. under a concession agreement until the end of 2040. The domestic capacity with the new terminal should increase from 3 million to 10 million passengers per year. The ATM Airport concession, a joint-venture of YDA (80%) and Turkuaz (20%), has held a concession for the Dalaman International Airport since 2006, which expires on the 28 April. However, as of August 2014, the YDA Havalimani Yapim ve Iskletme SPV began operational responsibility for the domestic terminal. http://www.ebrd.com/news/2015/ebrd-finances-expansion-of-turkeys-dalaman-airport.html https://ijglobal.com/articles/95340/yda-signs-loan-agreement-for-dalaman-airport Currency conversion should be revised using IMF 2015 currency conversion rate.

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High

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