- Associated Press - Wednesday, February 13, 2019

BELGRADE, Serbia (AP) - The airport division of French construction and concession company Vinci has started running the airport in Serbia’s capital after it was picked for the 25-year job.

Officials said Wednesday at a ceremony at Belgrade Nikola Tesla Airport that Vinci Airports provided an upfront payment of 501 million euros ($564 million) and promised to invest another 730 million euros ($823 million) in new infrastructure.

CEO Nicolas Notebaert says Vinci plans to make the airport a regional hub and triple the number of passengers from 5 million to 15 million a year.

Serbian Prime Minister Ana Brnabic says the concession is of “strategic importance” to Serbia.

Vinci Airports is one of the top five international players in the airport sector.



Sign up for Daily Newsletters

Manage Newsletters

Copyright © 2020 The Washington Times, LLC.

Please read our comment policy before commenting.

 

Click to Read More and View Comments

Click to Hide