Kazakhstan and UAE Sign $1.1 Billion Agreement to Develop Astana Airport

Investors want to build a new terminal, a second runway, a cargo hub, and an Aerotropolis – a cluster with hotels, logistics, and trade, Orda.kz reports.
Kazakhstan and the United Arab Emirates have signed an investment agreement to develop the capital’s airport comprehensively. The agreement was signed between the Ministry of Transport of the Republic of Kazakhstan and Terminals Astana Airport Limited, a subsidiary of Terminals Holding (UAE).
The total investment is expected to exceed $1.1 billion.
The project includes the construction of a second runway, a third passenger terminal and a cargo terminal. In addition, an Aerotropolis will be created in the area of the air harbor — a multifunctional cluster with hotels, logistics facilities and shopping centers, as well as industrial and business zones,
the Ministry of Transport stated.
The investor will also upgrade the fleet of specialized airport equipment, introduce digital and automated systems, and provide training for airport personnel in line with international aviation standards.
Original Author: Ruslan Loginov
Latest news
- Kazakhstanis on Vacation in Egypt Witness Missile Strikes Over Israel
- Kazakhstan May Proceed Without Russia on Thermal Power Plant Projects — Deputy PM
- Kazakhstan Should Decide Second Nuclear Plant Site by Autumn, Says Deputy PM Sklyar
- Xi Jinping and Toqayev Address Regional Cooperation at Central Asia–China Summit in Astana
- Supreme Court Sends Former ANPZ Director Murat Dosmuratov’s Sentence for Re-examination
- Delayed Hematology Center in Oskemen to Be Completed with Revised Medical Focus
- Livestock Deaths Reported in Turkistan Region Amid Drought
- Kazakhstan to Help China Restore Saiga Population
- Living in Pakistani Limbo: Ethnic Kazakhs from Afghanistan Seek Resettlement
- Kyiv Hit by Large-Scale Drone and Missile Attack
- Kazakhstan’s Health Ministry Dismisses Petition to Abolish Social Health Insurance
- Atyrau: Hydrogen Sulfide Levels Soar 11 Times Above Norm Due to Fire
- Kazakhstan and China Sign Memorandum on Seismic Safety Cooperation
- Leaders Gather in Astana for China–Central Asia Summit
- Kazakhstan Probes Massive Data Leak Involving 16 Million Citizens
- U.S. President Orders Preparations for Urgent Meeting with Iranian Officials
- Kulibayev: Almex Holding Will Not Pay Dividends for 2024
- Altynalmas Expands Operations with Acquisition of Two Mining Companies
- Expert Discusses Digital Cooperation Between Kazakhstan and China Ahead of Regional Summit
- Taraz: Court Hands Down Sentence in Assault Case Involving Minors