EIB PLOTS RIGA AIRPORT FINANCING
September 1st, 2018
THE EUROPEAN Investment Bank (EIB) has drafted plans to lend EUR70 million to Latvia’s Riga International Airport operator Starptautiska Lidosta Riga VAS to help finance improvements and capacity expansions scheduled for 2018-23. The operator wants to extend landside terminal facilities; build a new rapid exit taxiway and cargo apron; acquire new explosive detection systems (EDS) equipment meeting European Union standard 3 requirements; rehabilitate airside pavement areas; reconstruct storm water drainage systems; and upgrade airside lighting systems. A ...
Full access to this article can be arranged with permission from the client that first ordered it. Please contact us to request access. Entries are uploaded to our archive at least one year after being published by a client – free access is restricted to International News Services journalists for background research only. The article date indicates when copy was filed to a client, not when posted to this archive. Upon client requests, International News Services will remove such articles from the archive or not upload them in the first place. They are included to demonstrate the breadth of topics undertaken by the agency and also to help promote clients’ coverage.