Zvartnots International Airport

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Zvartnots International Airport is Armenia's primary international airport, located 15 km west of Yerevan. In 2002 Government of Armenia signed a 30-year concession agreement with Argentina-based "Corporacion America" for Yerevan Zvartnots International Airport. The concessional rights were then transferred to "Armenia" International Airports" CJSC, a wholly-owned subsidiary of "American International Airports", a U.S.-based company. The concessionaire is obliged to invest at least USD 30 million by 2007 to improve and renovate the airport infrastructure. The airport has been certified for ICAO Category II. Reportedly, the concessionaire is planning to upgrade the airport facilities to meet the ICAO Category III requirements by 2005. The airport has modern cargo handling facilities built in 1997 by an American construction company under the loan provided by European Bank for Reconstruction and Development (EBRD).

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