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Weekly Lists
March 1, 2019 www.intellinews.com I Page 26
bne:
Infrastructure
Officials confirm another delay in transfer of Ataturk operations to Istanbul’s still not-so-mega airport
Ukraine seeks to transfer battered Odesa Port Plant
to state-owned gas monopoly or agrarian fund
The transfer of operations from Turkey’s main international air- port, Istanbul Ataturk Airport, to the new $12bn Istanbul Airport has been officially delayed again. It is now scheduled to take place in the first week of April, Turkey’s airport authority DHMI said on February 26.
The mega airport’s full operation was initially expected around the turn of the year, but the date was in December pushed back to March as officials realised it was unrealistic. Turkish officials are ambitious to see the mega airport become the busiest airport in the world but it is several phases away from that potential.
The planned transfer period is to begin on April 5 and take 45 hours.
Ukraine's battered Odesa Port Plant (OPP) could be transferred to the management or leased to the nation's state-owned natural gas monopoly Naftogaz or the Agrarian Fund, head of Odesa regional state administration Maksym Stepanov believes.
According to the official, such measures will contribute to the launch of the plant "not for a month or two, but for a long time", In- terfax news agency reported on February 22. Stepanov added that possible transfer of the plant to the management or lease to the Agrarian Fund was discussed with the government in Kyiv earlier this month.
Ukrainian and foreign investors have no interest in privatisation of OPP due to its disastrous financial conditions.
The International Finance Corporation (IFC), a member of the World Bank Group, and the Mayor’s Office of the City of Almaty signed an agreement on February 25 based on which IFC will provide support to the municipality to help it access long-term capital and ramp up its investments in critical infrastructure, the World Bank said in a statement.
Almaty, the Central Asian nation’s commercial capital, is Kazakhstan’s largest city with a rapidly growing population of 1.8mn. Almaty accounts for approximately 20% of the country’s GDP. The IFC will help identify long-term private finance solutions in order to support the city’s “ambitious” infrastructure programme, the statement said.
IFC to help Kazakh commercial capital obtain access
to funding for infrastructure