Almaty airport purchased by big Turkish holding
The Turkish holding TAV Airports Holding bought one hundred percent of the shares of Almaty International Airport. The transaction cost 415 million dollars, reports Toppress.kz referring to Tengrinews.kz.
It is reported that the share of TAV Airports in the consortium will be at least 75 percent, and the transfer of shares will occur after completion of all legal procedures.
Almaty Airport will be the 15th in a row in the portfolio of TAV Airports Holding.
"Kazakhstan is the largest country in the region both geographically and economically. Almaty is the country's largest city, 20 percent of its GDP. In addition, it is the center of the "modern Silk Road" connecting China, Europe and Africa. It has a good potential, and based on our knowledge, we will work to realize it fully," said Sani Shener, President and CEO of the holding.