TAV Airports has extended its contract to operate Ankara Esenboğa Airport by 25 years, to 2050.
The Turkish airports operator submitted the winning tender, with a bid of €475m plus VAT. During the 25-year contract extension period, TAV will invest approximately €300m in Ankara Esenboğa Airport.
TAV Airports CEO Serkan Kaptan said, “We have been operating Ankara Esenboğa – the gateway to the Turkish capital – successfully since 2006. The terminal which we built back then reflects the ambitions and the modern face of the Republic. During this period, we have quadrupled the passenger traffic in Ankara, and worked towards increasing direct flights in collaboration with our stakeholders. In addition to being the political centre of the country, Ankara is a tourist hotspot with a rich history and a hub connecting eastern Anatolia. Today we reiterate our commitment to the development of the aviation industry in Türkiye”.
The first phase of the investment, beginning in 2023 and due for completion within 36 months, consists of adding a new runway, a new traffic control tower, and cargo facilities. The second phase includes terminal extension and will be carried out by 2040 depending on traffic growth. TAV also plans to build a solar energy farm with a capacity of 5MW.
Phase 1 will account for €210m of the total investment, with the remaining €90m allocated to Phase 2.
Image: TAV Airports