IFC Supports Antalya Airport Expansion to Strengthen Turkiye's Tourism Sector
Turkey, April 30 -- IFC has announced a new investment to support the long-term refinancing of a project to modernize and expand Antalya Airport, Turkiye's second largest by international passenger traffic. The expansion is helping to enhance the airport's capacity and improve its services, bolstering the country's key tourism sector and helping to drive economic growth.The €200 million investment in Fraport TAV Antalya Yatirim Yapim ve Isletme (Fraport TAV), a joint venture between Fraport AG and TAV Airports Holding, which manages and operates the airport terminals, marks IFC's third in Antalya Airport, building on previous commitments in 2023 and 2024. It aims to replace short-term loans with a 13.5-year financing arrangement to en...
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