Sochi 2014 Flying High As International Airport Goes Private
In October, the “Putevi” company (Serbia) launched the first stage of works on the Sochi International Airport terminal upgrades and runway reconstruction. According to the initial cost estimate, the first stage of the project is valued at up to US$5.2 million and is scheduled to be finished before February 2007. The planned airport terminal upgrades include the completion of an arrivals/departure hall, completion of two gangways, passenger control and check-in equipment, reconstruction of the airport square and of the highway intersection.
Works on the reconstruction of the runway include its reinforcing, widening, and lengthening, reconstruction of the terminal apron and parking, reconstruction the turn-off strips, expansion of the drain sewerage system, and changes the light signal equipment. Reconstruction of the runway to measure 3,400 meters from 2,890 meters will increase the number of international carriers (including jumbo jets) able to arrive and depart from Sochi, anticipating an average influx of 3,800 passengers per hour.
The Russian Government will retain the ownership of the Airport runway and is expected to invest approximately $80 million into its reconstruction as part of the Federal Target Programme (FTP) “Development of Sochi as a mountain resort 2006-2014”.
The “Putevi” company won the tender for the first stage of works on the Sochi International Airport terminal upgrades and the runway reconstruction, which was announced by the Federal Agency of Air Transport (the Ministry of Transport of the Russian Federation) in August. The airport works will be completed by the spring of 2008 ensuring that Sochi’s transportation infrastructure meets the highest requirements of the Olympic Family.
Dmitry Chernyshenko, Sochi 2014 Bid CEO, commented on the news:
“Sochi is poised to become a transportation hub and true “Gateway to the World” as the Russian government’s commitment to transforming Sochi has clearly shown. As these transportation projects move closer to completion, we look forward to welcoming the Olympic Family to Sochi and meeting their highest requirements.”
Passenger traffic flowing through the Sochi International Airport for the period between January and October 2006 increased by 10 percent compared to the same period last year The Sochi Airport is one of the largest in Southern Russia, servicing 8 000 flights and 120 national and international airlines a year.