Moscow Domodedovo Airport continues implementing prospective development projects and has no intentions to revise its CAPEX programme. Over the past 20 years, the amount of the airport’s investments amounted to RUB 50 bln, with RUB 31 bln out of them spent on construction.
Despite the current outlook on the market and a set of external unfavourable circumstances, Moscow Domodedovo Airport is not revising its investment and development programmes.
In 2015 Moscow Domodedovo Airport financed construction projects, channelling RUB 5 bln out of its cash flow, which is tantamount to investments in the development of the airport made in the crisis 2008 – 2009 years (RUB 5.3 bln). Expenditures on the development of the Group’s IT technologies in 2015 alone amounted to RUB 660 mln.
2016 will see the completion of reconstruction of the western segment of the T1 terminal worth more than RUB 20.5. The total T1 area will exceed 256 thous. sq.m. This year a new international cargo terminal with an area of 25,900 sq.m. and a throughput capacity of 289,800 tonnes/year is planned to be brought online as well. The cost of the project is RUB 3 bln.
Apart from that, on track to be delivered in 2016 is the first phase of reconstruction underway on the hydrant fuelling station. The capital commitment for the reconstruction will amount to RUB 1.7 bln.
Construction of the new T2 segment of the passenger terminal with a total area of 232.4 thous.sq.m. is progressing actively. The total own investment spend on the construction of the T2 phase by the start of the FIFA World Cup-2018 will exceed RUB 27 bln and the total throughput capacity of the airport’s passenger terminal (T1+T2) will surpass 45 mln passengers per year.
As early as in 2016 one of multi-level car parks with a capacity of 3,500 car spaces and an area of 126,000 sq.m. will be built in direct vicinity of the T2 part of the terminal. In order to construct the car park, the airport raised a EUR 38 mln credit facility from Raiffeisen Bank International AG.
Not only is Moscow Domodedovo Airport a key transport infrastructure nexus of the Moscow Aviation Hub, it is also a participant of the Programme for Preparation to 2018 World Cup due to be held in the Russian Federation, as well as of the Federal Target Programme for Development of the Transport System of Russia (2010 – 2020). The airport keeps delivering on its obligations foreseen by the said programmes and continues running all the required development and infrastructure projects.
