Moscow’s Sheremetyevo to build new $200mln terminalMarch 12, 2013 - 16:24 AMT PanARMENIAN.Net - Moscow’s Sheremetyevo international airport plans to build a new $200 million terminal to replace its Soviet-era Terminal B facility, Sheremetyevo CEO Mikhail Vasilenko said on Tuesday, March 12, according to RIA Novosti. Terminal B, previously known as Sheremetyevo 1, was built in 1964 and has a capacity of 4 million passengers a year. The terminal had been the base facility for the Avianova budget airline, which ceased operations in 2011. The terminal currently does not handle passengers. “A new terminal will appear on the site of terminal B. A major reconstruction is also possible,” Vasilenko said. Sheremetyevo also plans to build a new tunnel to connect the airport’s northern and southern flight zones. The project to build a terminal and tunnel is estimated at $350-370 million, with the tunnel alone to cost $100-150 million, he said. Sheremetyevo is currently holding talks with potential investors, Vasilenko said, adding the tunnel will be funded by a state and private partnership. He declined to specify what size Sheremetyevo would have in the project or name potential investors. The government has already allocated 1.5 billion rubles ($50 million) for the initial stage of the tunnel's construction, he said. The new terminal and tunnel are expected to come into service by the time Sheremetyevo completes construction of a new third runway approximately in 2015, he said. Top stories Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive. In 2023, the Azerbaijani government will increase the country’s defense budget by more than 1.1 billion manats ($650 million). The bill, published on Monday, is designed to "eliminate the shortcomings of an unreasonably broad interpretation of the key concept of "compatriot". The earthquake caused a temporary blackout, damaged many buildings and closed a number of rural roads. Partner news | Cyprus parliament honors Armenian genocide victims Acting House President Zacharias Koulias noted that April 24 marks the “black anniversary” of the Armenian genocide. Armenia PM, France envoy discuss regional matters Issues related to the consistent development of Armenia-France cooperation were discussed. Azerbaijan razes historic Armenian church to ground Azerbaijan has demolished the historic Armenian Church of St. John the Baptist (known as Kanach Zham). Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills |