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Zagreb Airport goes to French Hands

The concession contract to build and manage Zagreb Airport was signed this week between Aéroports de Paris and the Croatian government, paving way for the construction of the long announced new terminal, which is set to transform Croatia’s busiest airport. The concession will see the French run Zagreb for the next thirty years and requires them to build a new terminal with the capacity to handle five million passengers within the next three years. The price tag of the project’s first phase will amount to 236 million euros, while the thirty year concession fee adds up to 1.9 billion euros.

The head of Zagreb Airport, Tonči Peović, says, “The new Croatian Government evaluated the offer as exceptional and the decision on its adoption was unanimous. Our French partners have properly assessed the current situation in the Croatian construction sector, so the offer is significantly better than what was required. Money will be saved in the long run, for when the airport reaches five million passengers, or in 20 years at the latest, the second phase must begin, which will expand capacity to eight million passengers”.

However, the first shovels and cranes will not to be seen this year at Pleso. Construction is expected to begin in early 2013. This year, project and construction plans will be finalised while construction will take a total of two years. However, the Union of Zagreb Airport Employees is less than happy with the concession. They are in fear for their jobs and note that employees did not receive a promised 10% stake in the airport ownership structure. Last week the union sued the government and is requesting for the courts to eradicate the concession agreement.

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