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AIIB backs Antalya airport expansion with long-term loan

GenevaTimes by GenevaTimes
May 1, 2025
in Europe
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AIIB backs Antalya airport expansion with long-term loan

BAKU, Azerbaijan, April 1. The Asian
Infrastructure Investment Bank (AIIB) has provided a 140 million
euro long-term project finance loan to support the ongoing
expansion of Antalya Airport, Türkiye’s second-busiest
international gateway, Trend reports.

The financing also helps refinance 80 million euros in earlier
construction bridge facilities, bringing AIIB’s total commitment to
the project to 202.5 million euros between 2023 and 2024.

This contribution is part of a broader 2.5 billion euro
financing package involving the International Finance Corporation
(IFC), European Bank for Reconstruction and Development (EBRD),
Deutsche Investitions und Entwicklungsgesellschaft (DEG), and
several commercial banks. The initiative supports infrastructure
upgrades aimed at meeting growing passenger demand and integrating
sustainable solutions.

The expansion includes new terminal facilities, LEED-certified
infrastructure, and on-site solar farms. These upgrades are
designed to align with climate mitigation goals while enhancing the
airport’s operational capacity. Antalya Airport is now equipped to
handle up to 80 million passengers annually following the recent
inauguration of the expanded terminals by President Recep Tayyip
Erdoğan on April 12.




The project aligns with AIIB’s Transport Sector Strategy and the
Paris Agreement, serving as a reference case for the bank’s
approach to climate-aligned airport infrastructure.

Through this initiative, AIIB aims to strengthen regional
connectivity and long-term transport development in Türkiye.

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