16 Feb '11
Belgorod airport operator Vozdushnye Vorota Belogorya (Belogorye Air Gates) has announced plans to invest $55m in reconstruction of Belgorod airport in 2011.
The project is reportedly to be financed with bank loans and funds, raised from private investors.
Specifically, under plans, in 2011 the funds are to be used to lengthen the runway by 200 meters – to 2,500 meters and widen it by two meters – to 45 meters, as well as to replace lighting equipment and overhaul airdrome complex.
Total investment into the airport reconstruction is estimated at $157m. Further timeframes for reconstruction have yet to be disclosed.