The new €300 million passenger terminal at Franjo Tuđman Airport in Zagreb has opened. This 65,000 sq.m terminal doubles the airport’s capacity. Groupe ADP, a shareholder in the concession company for Zagreb International Airport through ADP Management (subsidiary wholly-owned) and TAV Airports (38%-owned) is in charge of the operation and development of the airport under the 30-year concession it won in 2013.
Five times bigger than the terminal it replaces, this new four-level terminal is now able to handle 5 million passengers per year, and that figure could reach 8 million upon completion of phase two. Franjo Tuđman Airport welcomed 2.8 million passengers last year, with traffic up 6.9%, compared to 2015.
ADP Management, TAV Airports, Bouygues Bâtiment International (a subsidiary of Bouygues Construction), Viadukt (a Croatian construction company), the Marguerite Fund and the IFC (a member of the World Bank Group) – who joined forces to form ZAIC-A Ltd – won the tender for the Zagreb International Airport concession in 2013.
ZAIC owns 100% of the concession company MZLZ (Međunarodna Zračna Luka Zagreb d.d.). The 30-year concession agreement provides for:
- the financing, design and construction of the new passenger terminal;
- the operation of the entire airport throughout the duration of the concession.
Groupe ADP and its partners were awarded the project by the Croatian government as part of a public-private partnership. The ADP Management and TAV Airports teams arranged financing for the project, oversaw construction, restructured the company, developed the commercial activity and operations.
Antonin Beurrier, Executive Director and Chief International Officer at Groupe ADP, said: “Completing the new terminal, built by Bouygues Bâtiment International and Viadukt, on schedule and within budget is an achievement that underscores the expertise and experience of Groupe ADP when it comes to arranging financing and managing complex airport projects.
“Groupe ADP will operate the Zagreb Airport concession until 2042, providing the airport with a powerful tool to take full advantage of its potential in terms of economic development and tourism. With passenger traffic up 20% over the past three years, and the arrival of ten new airlines, Franjo Tuđman Airport is seeing particularly rapid growth. For Groupe ADP, it is a strategic asset in its portfolio of airports across the world.”