Russia: Moscow Sheremetyevo Airport updates development projects

Moscow Sheremetyevo International (SVO), which received approval to develop a Northern Terminal Complex in June, said in an update that total private investments for the project will reach US$865m. The main renovation stage, which will be completed by 2018, will increase airport capacity to 55m passengers per year. By 2026, capacity will grow to 80m per year. The number of take-offs and landings will rise from 55 to 90 per hour by 2018 when the third runway will be built. According to SVO, 600 meters of passenger and 300 meters of baggage tunnels have already been built under the existing runways between northern and southern parts. Both tunnels will enable transfer passengers and baggage to travel between the airport sectors within 5 minutes and accommodate 11.5m passengers and 5.9m pieces of luggage per year. <br/>