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Capital Legal Services Advises ABS on Development of Blagoveschensk Airport Passenger Terminal

Capital Legal Services Advises ABS on Development of Blagoveschensk Airport Passenger Terminal

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Capital Legal Services has advised ABS LLC, a joint venture of Airports of Regions MC and Novaport Holding, on its entrance into a RUB 7 billion concession agreement for the development of the Blagoveschensk airport for a term of 30 years.

According to Capital Legal Services, ABS will construct a new international passenger terminal with a capacity of at least 600 passengers per hour. Construction is to be completed in the first half of 2025.

Capital Legal Services did not reply to an inquiry about the deal.