Putin transferred 100% of Vainakhavia shares to Chechnya
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Russian President Vladimir Putin signed a decree transferring 100% of Vainakhavia airline shares from federal ownership to Chechnya in order to attract investment for the modernization of Grozny International Airport. Document published on the portal of legal information.
The transfer of shares will allow the government of Chechnya to attract investments in the amount of at least 7.14 billion rubles by the end of 2026. for “comprehensive reconstruction, construction and modernization of air transport infrastructure facilities of Grozny (North) International Airport named after A. A. Kadyrov.”
The measure is aimed at improving the efficiency of air transport support in Chechnya. The Government of the Russian Federation was instructed to ensure the transfer of shares within six months.
In July last year, the construction of the international terminal of the Grozny airport began in Chechnya, which was named after the first president of Chechnya, Akhmat-Khadzhi Kadyrov.
terminal like reported on the website of the Vainahavia airport operator, is being built on a territory free from development, to the west of the existing terminal, without its demolition.
The project involves the construction of a new five-story crescent-shaped air terminal and an airfield complex – a 3,200 m long runway and an apron with parking spaces for 24 aircraft. The terminal is expected to be able to serve up to 1.5 million people a year.
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