Budapest Airport Concession | Accountability Console
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Budapest Airport Concession

Sectors

Infrastructure

Description:

Projects in this Sector: 592

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Issues Raised

Consultation and disclosure

Description:

Projects with this Issue Raised: 538

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Due diligence

Description:

Projects with this Issue Raised: 486

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Environmental

Description:

Projects with this Issue Raised: 408

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Pollution

Description:

Projects with this Issue Raised: 229

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Project Information

Investment ID: 20160605

Bank: European Investment Bank

Environmental Category: N/A

Country: Hungary

Region: Europe and Central Asia

Approval Date: Dec. 6, 2018

Investment Types: Loans

Total Project Cost: EUR 463.0 million

Total Complaints: 1

Description

The project comprises a number of investments at Budapest Airport that are mainly aimed at accommodating future growth in traffic and continuing to ensure highest airport safety and security standards are maintained. Works include the construction of the new Pier B, a possible new Terminal 3, the renewal of the airfield ground lighting, the construction of a new cargo city and a range of other landside and airside enhancements. The upgrade of the baggage handling system with the most recent Standard 3 machines is also included. The project will increase the handling capacity of the airport to accommodate the expectable future demand, strengthen the Airport's operational resilience and improve passenger's experience.

Investments

Investment Type ID Amount Status Bank Client
Loans 20160605 EUR 200.0 million Planned EIB Budapest Airport ZRT

Related Complaints

European Investment Bank CM Complaints IAM Country Date Filed Status
Budapest Airport Concession (CAPEX Plan) EIB CM Hungary 02/03/2020 Monitoring

Implementers

Name Complaints Dispute Resolutions DR Successful Compliance Reviews Non-Compliance
Budapest Airport ZRT