On December 15, 2009 the European Bank of Reconstruction and Development (EBRD) gave the all clear for the payout of a 25 million Euro loan. The loan will finance an extension of the passenger terminal, together with upgrading and expanding the taxiway and apron. The investments are required to meet the growing passenger traffic at the international airport. The total project cost is expected to amount to 31.9 million Euros. Sarajevo Airport now has to wait for a formal signing between them and the EBRD in order to receive the payout.Bosnia and Herzegovina’s minister for transport, Nail Seckanović, said that Sarajevo Airport will repay the loan entirely since the airport operates with a profit. The EBRD will also help to increase revenue from catering and parking at the airport.
Meanwhile, Sarajevo becomes the latest EX-YU capital city to receive an Airport City. Airport Centre Sarajevo (ACS) will have a shopping centre, 110 individual shops, office space and 1.500 parking spaces and will be directly connected to the airport. The ACS will stretch over an area of 45.000 square metres. With all construction permits received, the company in charge of building the project will most probably start with construction during the spring. Construction should last approximately 11 months and should be complete in 2011.
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