Vinci Airports' request for a EUR100 million (US$115.4 million) loan from the European Bank For Reconstruction and Development (EBRD) has passed the bank's final review stage and is scheduled to be considered by the EBRD Board on 31 October 2018. Vinci is requesting the loan to support the financial close of the Belgrade Nikola Tesla Airport concession, which it was awarded in January this year.
The 25-year concession covers the financing, development, maintenance, operation and management of the airport, which is the the international airport in the Republic of Serbia. The total estimated investment for the first four years is EUR980 million (US$1.13 billion), including an upfront concession fee payment.
The proposed EBRD loan would be provided under an A Loan/ B Loan structure (B Loan provided by commercial banks), and co-financed with other International Financial Institutions, such as the World Bank's International Finance Corporation, France's Proparco and Germany's DEG.
Country updates
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July 19, 2018
Serbia's Commission for Protection of Competition approves airport concession
Serbia's Commission for Protection of Competition approved the concentration of undertakings created by acquisition of control on the part of company Vinci Airports Serbia over business operations...
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July 11, 2018
Serbian Minister of Construction, Transport and Infrastructure Zorana Mihajlovic said they are starting the talks about the project with CRBC and they are discussing a concession as one of the ways of financing
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June 18, 2018
Serbia announces PPP pipeline
The Serbian Ministry of Construction, Transport and Infrastructure has opened the First Serbian Conference on PPP. Negotiations have started with the Chinese company CRBC on the constru...
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May 24, 2018
Turkish firms to build and finance US$3.5 billion Sarajevo-Belgrade highway
The Ministers of Transport of Bosnia and Herzegovina and Turkey have signed a Letter of Intent to construct a new highway between Sarajevo and Belgrade, the capital cities of Bosnia and Serbia, respec...
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May 23, 2018
DP World has signed an MoU for the project with the Ministry
DP World has signed an MoU for the project with the Ministry. The next step is the completion of a feasibility study
