Monday, December 31, 2012

Will TAV manage Tbilisi Airport in 2013?

31.12.2012 (HTN - Hvino Tour News) The state will finance construction of a new runway at Tbilisi International Airport while  the government is going to start talks with TAV Georgia. According to Economy Minister Giorgi  Kvirkashvili,  TAV Georgia planned the runway construction based on attracted resources, and in return, terms of airport exploitation were  extended for another 10 years.

“Now we are working to  resolve runway strip construction issue together with TAV. The government adopted a resolution, according to which,  the state will finance the runway construction on bilateral basis, and  a contract with TAV will not be extended for another  10 years ,"- said Mr. Kvirkashvili.

TAV Georgia planned to invest 65 million in the construction of a new runway in the airport. In return for this investment, the operational rights of  TAV Georgia which is the operator company of Batumi and Tbilisi international airports, have been extended for 10 years 9 months from February 2027 to November 8, 2037. After completion of  construction works, Tbilisi airport’s renovated runway would receive F code and would be able to accept all types of aircraft.

TAV Georgia is daughter of Turkey's leading company TAV Airports.

© HTN (Hvino Tour News)

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