Two Turkish-owned companies to compete for terminal construction at Russian airport: Report

Limak and Renaissance ?companies  with Turkish owners ? will compete for the construction of a terminal and tunnel of the Sheremetyevo airport in Moscow, the airport's general director told reporters, as quoted by Russian TASS News Agency on Jan. 19. 

The project is estimated at $630 million, general director Mikhail Vasilenko said. 

"We have prepared projects for a cargo complex, a terminal and a tunnel. They are already in Glavgosexpertiza [the Directorate-General for State Environmental Review] and we expect to receive them in January. Now the competition for a general contractor is underway. They opened envelopes on Jan. 15. Strabag withdrew. The two companies Limak and Renaissance remain. Renaissance is a Russian company, but with Turkish owners. Either one general contractor will be chosen for two objects or one contractor for each object," he said, as quoted by TASS.

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