Translated version of this PSD: Russian
The EBRD is considering financing rehabilitation of the runway, taxiways and apron as well as upgrade of lighting navigational aids at Astana Airport as part of the airport modernisation project of JSC “International Airport of Astana”.
The Project will help meet International Civil Aviation Organization’s (“ICAO”) safety requirements as well as double the handling capacity of the Astana Airport.
The Project will focus on: (i) staged increases of airport tariffs and building financial sustainability; (ii) deregulation of airport activities, promotion of private sector involvement in non-aeronautical commercial activities and commercialization of the Airport, (iii) development of the institutional changes and restructuring plan in the medium-term; and (iiv) improvement of safety standards and compliance with relevant ICAO requirements.
The expected transition impact rating is ‘good’.
Astana International Airport is the only airport in the capital of Kazakhstan. Astana Airport is a 100% state owned and being managed by Airport Management Group (AMG), which is a 100% subsidiary of Kazakh Railways (KTZ).
Senior loan of up to EUR 76 million equivalent in Kazakh tenge (approx. KZT 17 billion).
KZT 60 billion.
The proposed project has been categorised B in accordance with the 2014 EBRD Environmental and Social (E&S) Policy, as the potential impacts are expected to be site specific and readily identifiable and addressed through mitigation measures.
The environmental and social due diligence for the project, which is ongoing with EBRD TC funds, includes an independent third party environmental and social audit to assess the Client’s management capacity and systems to manage environment, health, safety and labour issues in its operations and an analysis of the potential (future) E&S impacts and benefits. It will also assess the Client’s ability to carry out the Project in compliance with the Bank’s Performance Requirements.
An Environmental and Social Action Plan (ESAP) will be prepared for the project, and a Stakeholder Engagement Plan will be developed that will include a grievance mechanism and information on environmental and social performance and a summary of the agreed Action Plan will be released to stakeholders.
This PSD will be updated when the results of due diligence are known.
Technical cooperation package in connection with the Project is expected to include technical and procurement support as well as a technical assistance for developing a corporate development programme, including commercialisation strategy.
For business opportunities or procurement, contact the client company.
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Text of the PIP