TALLINN AIRPORT PASSENGER TERMINAL RECONSTRUCTION

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 4120

Status Complete

Location

Estonia

Business Sector

Transport

Notice Type

State

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 4120

Status Complete

Location

Estonia

Business Sector

Transport

Notice Type

State

Environmental Category

Approval Date

16 Dec 1997

Disclosure date

03 Nov 1997

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

The project consists of the rehabilitation and improvement of the passenger terminal at Tallinn Airport and provision of additional space for commercial activities.

The main objectives are to provide the Airport with international safety and security standards, increase its capacity to 1.4 million passengers per year, improve passenger comfort levels and expand the terminal space allocated to non-aviation commercial activities. Loan proceeds will be used to finance the related investments under a fixed price turnkey contract.

Transition Impact

As Tallinn Airport is already an important international gateway, the project will contribute tangibly to Estonia's transition process. It is also expected to ensure implementation of market-oriented management and operational practices at the Airport while enhancing competition with sea transport in the Gulf of Finland.

Given the involvement of the EBRD in the earlier rehabilitation of the airside infrastructure at Tallinn Airport, the project will demonstrate the importance of phasing investments to match the limited availability of capital resources.

The Client

The borrower will be Tallinn Airport Limited, a wholly state-owned enterprise operating Tallinn Airport.

EBRD Finance

A 15-year sovereign guaranteed loan of DM 14.81 million (ECU 7.6 million). The European Investment Bank (EIB) is to co-finance the project with a similar loan. Tallinn Airport is expected to finance DM 4.4 million from its own internal cash flows.

Project Cost

DM 34.0 million excluding taxes (ECU 17.5 million).

Environmental Impact

The project was screened B/0, requiring an Environmental Analysis of the main impact associated with the rehabilitation. The Analysis was based on an on-site survey review of the project master plan and design documentation. The environmental impact of the project is limited and will be mitigated through specific measures included in an Environmental Action Plan. These include waste management, de-icing strategy, use of hazardous chemicals, noise abatement and environmental monitoring.

The reconstructed terminal building will be extremely energy efficient, which will be of benefit to the environment. The Airport will develop an environmental management system in line with international standards, such as ISO 14000, which will further improve its environmental, health and safety performance.

Technical Cooperation

Separate grants of ECU 580,000 and ECU 370,000 have been provided for consultancy assistance.

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

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Email: procurement@ebrd.com

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Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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