Novaya Kolkhida to buy 75% of Perm airport and build new roads

The Perm Region Development Corporation, a 100% government-owned company, has sold 75% of its business International Airport Perm to Novaya Kolkhida. Novaya Kolkhida, controlled by Roman Trotsenko's Novaport, has said it will construct a terminal complex including a road network, hotels and a logistics centre. The new terminal will cost nearly $180 million and the whole project, including road junctions, hotels, and a transport and logistics centre will cost around $486 million. The terminal should be deliv
March 18, 2015 Read time: 1 min
The Perm Region Development Corporation, a 100% government-owned company, has sold 75% of its business International Airport Perm to Novaya Kolkhida.

Novaya Kolkhida, controlled by Roman Trotsenko's Novaport, has said it will construct a terminal complex including a road network, hotels and a logistics centre.

The new terminal will cost nearly $180 million and the whole project, including road junctions, hotels, and a transport and logistics centre will cost around $486 million. The terminal should be delivered by December 2017.

Novaport already has an 85% in Tolmachevo, in Novosibirsk. Three years ago Novaport started reconstructing the international terminal at Tolmachevo, with the project set to be completed in May.
Finance & Funding

Related Content

  • ARTBA predicts growth in transport construction
    December 2, 2016
    Modest growth in transport construction is predicted in the US in 2017 by the American Road & Transportation Builders Association (ARTBA). According to a report by ARTBA chief economist, Dr Alison Premo Black, total transportation construction and related market activity is expected to grow 1.3% in 2017, driven largely by increases in highway and bridge private construction activity supporting residential and commercial developments. In 2017, the market is expected to reach US$247.8 billion, up from $244
    Read More
  • Latin America invests in infrastructure growth
    February 15, 2012
    Travelling in one of the world's most diverse regions is not always easy, but spectacular engineering feats will make life easier as Patrick Smith reports. Five years ago a report from the World Bank noted that infrastructure in most of Latin America and the Caribbean (LAC) had improved over the previous ten years.
    Read More
  • All change: get ready to rethink everything
    November 10, 2022
    How can we make our infrastructure ready for new sustainability challenges? What kind of investments are needed? And who will finance them? Tolling association Asecap has some thoughts. Geoff Hadwick reports from Lisbon
    Read More
  • Bentley Systems gives software awards for excellence in bridge and road construction
    November 1, 2013
    Software specialist Bentley Systems awarded key road and bridge construction projects for excellence in the use of its software. The awards were presented at the firm’s annual event, this year held at the Metropole Hotel in UK capital London.
    Read More

Highlighted Content