The construction of the Yuzhny (Southern) airport complex in the Rostov region has been started, an Interfax correspondent reported from the groundbreaking ceremony on Saturday.
"We are beginning the construction of a new airport today. A beautiful airport provided with the necessary airfield infrastructure will stand here by the world football championship. We haven't started the construction of a new airport from scratch for years, and this facility is important to the entire country," Russian Transport Minister Maxim Sokolov said.
It was reported earlier that the construction of the Yuzhny airport complex worth about 37 billion rubles would be handled by Rostovaeroinvest, a joint venture of the Regional Airports holding and the Rostov regional administration.
The airport will be located four kilometers away from the village of Grushevskaya in the Aksai district of the Rostov region. The passenger terminal's floor area will amount to 100,000 square meters. The first phase with the floor area of 50,000 square meters should be completed by 2017. The new airport will replace the currently operating Rostov-on-Don airport, which should be closed and integrated into the urban built-up area in the future.
Regional Airports is an airport holding whose strategic investor is Renova. At the present time, the holding incorporates the Koltsovo Airport (Yekaterinburg), the Kurumoch International Airport (Samara), and the Nizhny Novgorod International Airport.
Renova expects the passenger flow at the new airport to amount to about 8 million passengers a year, which is four times as many as it is now.
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