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Weekly Lists
July 26, 2019 www.intellinews.com I Page 24
bne:
Infrastructure
Croatia receives 10 bids for €297mn rail project
Ten companies and consortia have submitted bids to build part of a €297mn rail project to connect the Croatian port of Rijeka with the Hungarian border, Croatian Railways Infrastructure (HŽ Infrastruktura) announced on July 22.
The project, to be 85% financed by the European Union from the Connecting Europe Facility (CEF), is the largest infrastructure project in Croatia’s recent history, the rail company said.
“This is a strategic project of public importance for the Republic of Croatia and to date the largest infrastructure railway project in the recent history of the Republic of Croatia ... Its implementation will increase the capacity of railroads, increase the speed of traffic with the modern two-lane line and raise the level of safety on the corridor,” stated HŽ Infrastruktura.
Moscow Domodedovo Airport will have to postpone the launch of a new terminal by at least a year, Vedomosti daily reported on July 23. The state aviation agency Rosaviatsia failed to deliver the engineer- ing and communication systems, which put the RUB38bn ($601mn) investment in the T-2 terminal at risk, according to the report of the Audit Chamber.
As reported by bne IntelliNews, other largest Russian airports such as Sheremetyevo and Pulkovo have also announced capacity expan- sion plans.
The T-2 terminal in Domodedovo, with a total area of 0.24mn square metres, was built ahead of the FIFA World Cup 2018, but was shut down after only one month of operation. For over a year the terminal has remained non-operational.
M7 Real Estate (M7) has sold the Aerozone Logistics Park in Budapest to a South African investor, JTRoss Group, on behalf
of M7 Central European Real Estate Fund I (M7 CEREF I), the pan-European investor and asset manager announced on July 18. The transaction price was not disclosed.
“Within a short period of time we have signficantly improved the performance of Aerozone Logistics Park and, with our initial asset management strategy now concluded, have crystallised value for our investors,“ Balazs Magyar, managing director M7 Hungary, said.
Russian Domodedovo airport to postpone new terminal for at least one year
South Africa's JTRoss acquires Hungary’s Aerozone Logistics Park