TAV Airports
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TAV Havalimanları
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TAV takes over operations at Almaty Airport
TAV Airports and Kazakhstan Infrastructure Fund have completed the buy-out of Almaty Airport, Kazakhstan’s main aviation gateway and an important junction on the modern “Silk Road”. The capacity of the airport will be doubled with a USD 200M investment. Almaty is the 15th airport in TAV’s global network.
A member of Groupe ADP, TAV Airports took over operations in Almaty, the economic capital and the busiest airport of Kazakhstan. TAV is now 85% beneficial owner of Almaty Airport and associated fuel and catering businesses, and Kazakhstan Infrastructure Fund, managed by VPE Capital and backed by Kazyna Capital Management, holds the remaining 15% stake. Almaty is the first airport in TAV’s portfolio where the company owns the airport instead of a time limited concession.