Region: Europe and Central Asia
Country: Croatia
Sector: Transportation
Keywords: Knowledge Lab, Airport
Document(s):
Document Summary:
This series showcases how the Multilateral Development Banks’ collaboration supports the development and implementation of infrastructure investment. This support comes in the form of public sector loans, private sector finance, sector and transaction advice, guarantees, and output-based aid.
Document Details:
Zagreb International Airport, the largest in Croatia, is a key gateway for tourism and business, making it a critical element in the country’s economy. At a capacity of two million passengers per year, however, the airport was unable to keep up with growing demand for airport services. In 2009, the Government of Croatia decided to build and operate a new terminal under a public-private partnership. The Zagreb Airport International Company (ZAIC) won the tender and took over management of the airport in December 2013. The European Investment Bank (EIB), IFC, Deutsche Bank, and Unicredit Bank Austria provided financing to the project. The new terminal is expected to open by the end of 2016.
Updated: April 6, 2022