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

  • Serbia upgrading infrastructure
    March 16, 2012
    Serbia has managed to reduce the cost of building the Corridor 10 highway by €80 million. These funds will instead be used to pay for upgrades and improvements needed for the second section of the highway project, close to Neradovci.
    Read More
  • GPS machine control paves the way for Turkish canal
    February 7, 2012
    GPS machine control for earthworks and concrete paving is helping to fast track construction of an irrigation canal in Turkey - Claire Symes reports. The Turkish economy is expected to flourish as a result of construction of a new irrigation channel currently underway in the east of the country. This canal is benefiting from the latest concrete paving and earthmoving technology and will bring with it prosperity to a deprived area of the country. But the project is already taking the lead in terms of Turkish
    Read More
  • Detroit-Windsor Tunnel crossing gets new customs facilities
    February 17, 2015
    The governments of Canada and the province of Ontario officially opened a new customs plaza at the Windsor-Detroit Tunnel, one of the busiest road crossings between the United States and Canada. The Canadian federal government provided US$8 and the province added $20 million for the project that is part of security improvements and to speed up people processing facilities on the Canadian side of the tunnel. Among the upgrades are new vehicle access lanes, new buildings for the Canada Border Services Agency
    Read More
  • Speedy airport upgrade
    February 15, 2012
    Increases in flight numbers from the Frankfurt Hahn airport have resulted in necessary improvements to the facility, including new runway surfaces. The former German military airbase has been used as a civilian airport since 1993 but is now Germany's fifth largest air cargo hub and handles some 40,000 flights/year.
    Read More

Highlighted Content