Japanese investors agreed to develop Khabarovsk Airport

The construction of a new domestic terminal in Khabarovsk airport is scheduled to begin in 2017 The construction of a new domestic terminal in Khabarovsk airport is scheduled to begin in 2017 (Photo by Leonid Faerberg / Transport-Photo.com)

Khbarovsk’s Novy Airport has come to an agreement with investors about the construction of a new terminal. The project will be financed by a Japanese consortium made up of Sojitz Corporation, Japan Overseas Infrastructure Investment Corporation for Transport & Urban Development (JOIN) and Japan Airport Terminal Co. (JATCO). The airport and the consortium have recently signed an MOU, according to an announcement made by the administration of Khabarovsk region.

The agreement calls that the airport development project will be implemented by a joint venture created on the premises of Khabarovsk International Airport. This entity is a resident of a special zone called “Khabarovsk priority economic and social development territory.”

The first stage implies construction of a new domestic terminal. It is scheduled to begin in 2017. The 54,000 square meter building with the nominal annual capacity of 4.5 to 5 million passengers should enter service in 2018. The required investment is estimated at 6.5 billion rubles ($106.5 million). Once the building is operational, the joint venture will manage it as well as the existing international terminal.

A new international terminal may also appear on the agenda later on.

Construction of the new terminal is part of a massive reconstruction project underway at Khabarovsk airport, which also includes modernization of one of the airport’s two runways, taxiways and part of the apron. There are also plans for a business zone called AirCity.

Khabarovsk’s airport held 16th position in the rating of Russian largest airports by traffic for January-June 2016. It had handled 772,900 passengers for this period, up 1.6% to the results of the same period last year.

Khabarovsk Novy serves flights operated by Russian Aeroflot, Yakutia, Aurora, Ural Airlines, S7 Airlines, Ikar, South Korea’s Asiana Airlines, Uzbekistan Airways and China Southern.

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