Turkey's ISG Airport gets 336 mln euro loan
Güncelleme Tarihi:
Anatolian Agency
Oluşturulma Tarihi: Haziran 25, 2008 17:36
ABN Ambro and Turkey's Yapi Kredi Bank jointly loaned 336 million euros ($524 million) to Istanbul Sabiha Gokcen (ISG) International Airport, run by Limak Holding GMR Infrastructure Ltd. and Malaysia Airports Group.
Haberin Devamı
ISG CEO Yetik Mert told Anatolian Agency that the financial loan which would be repaid over 13 years would be used for the construction of additional buildings to the domestic departures terminal to meet the rising demand due to an increase in number of passengers and flights.
He said there had been a 270 percent rise in the number of flights and a rise of 250 percent in the number of passengers over the past two years.
Limak Holding and Malaysia Airports Group hold the operational rights of ISG along with all its facilities for 20 years.