- TAV Macedonia
|Financing Type||Private Sector & Trade Finance|
|Instrument||Private Sector Debt|
|Loan Administrator||OPEC Fund|
|Co-financiers||Cash flow from ops., Standard Bank, Halk Bank, Equity|
|OPEC Fund Contribution (US$m)||24.83|
This €15m loan to TAV Macedonia was used to procure, design, engineer and construct a new terminal building complex, including a new access road, parking and apron for Skopje Airport, and to upgrade the Ohrid Airport. The new Skopje Alexander the Great airport, was inaugurated on September 6, 2011, in an event marking the 20th anniversary of Macedonia’s independence, is built to the highest international standards. With its new 40,000 m2 terminal building, containing 23 check-in counters, it is ten times bigger than its predecessor and has the capacity to handle four million passengers a year. Also included in the renovations were a 500m runway extension, a 40,000 ton annual capacity cargo hangar, a new fire station, a 5,000 m2 management building, and a 300 vehicle car park. At Ohrid, airport modernization activities included the construction of a VIP building, an aircraft hangar and a 6,000 m2 car park, in addition to the renovation of the terminal building, the existing car park, the management building and the cargo hangar.