Russia’s Pulkovo Airport to undergo €450m expansion

By Leila Steed07 June 2021

Northern Capital Gateway (NCG), the operator of Pulkovo Airport St. Pertersberg in Russia, has signed an agreement with the St. Peterburg government that will see the airport undergo a second phase of development.

Designed to accommodate a rise in passenger numbers over the coming years, the investment project will further expand airport’s terminal facility and also aims to make it more accessible to the passengers and businesses in the surrounding regions.

Around 40 billion rubles (€452 million) is expected to be spent on the project and the deal also includes an option for NCG to extend its concenssion of the airport. The NCG was originally granted a 30-year concession for the management of the airport - the third largest in Russia - back in April of 2010.

The new agreement was signed by the President and Chairman of the Management Board of VTB Bank, Andrey Kostin...Sign in to continue reading.

Please login to continue reading!

Once you login you will receive unlimited access to International-Construction.com

  • FREE high value digital reports
  • Presentations from KHL events
  • Videos and magazine archive
  • Subscribe to magazines
  • Register for e-newsletters
  • Webinar recordings

Don’t miss out on the latest information!

MAGAZINE
NEWSLETTER
Delivered directly to your inbox, World Construction Week Newsletter features the pick of the breaking news stories, product launches, show reports and more from KHL's world-class editorial team.
Longer Reads
Longer read: Global construction equipment sales
What impact did the Covid pandemic have on the global construction equipment market in 2020 and what does it mean for the future?
North America’s top crane companies
American Cranes & Transport releases its 16th annual ACT100 list of top crane-owning companies.
Global construction struggles with materials shortages and prices
The post-pandemic availability – and cost – of construction materials is a growing concern
CONNECT WITH THE TEAM
Andy Brown Editor, International Construction Tel: +44 (0) 1892 786 224 E-mail: andy.brown@khl.com
Simon Kelly Sales Manager Tel: +44 (0) 1892 786 223 E-mail: simon.kelly@khl.com
CONNECT WITH SOCIAL MEDIA