Board of Airline Representatives In the Netherlands

<< Back to publications index

European Investment Bank (EIB) provide EUR 200 million loan to finance major project at Schiphol Airport

The European Investment Bank (EIB) has agreed to provide a 20-year, EUR 200 million loan to finance a major project at Amsterdam-Schiphol Airport that will allow design and construction of a central security area for non-Schengen passengers. This will separate arriving passengers from departing travellers, eliminate security screening at gates, and include a new mezzanine floor above check-in for security checks.

The scheme will redevelop the terminal building to improve passenger facilities and allow connecting passengers to be checked more efficiently and is expected to significantly improve the punctuality of flights.

Project preparation started in 2012 to ensure minimal disruption of airport users during the construction phase. Building works are expected to be completed by mid-2015.

“This transformation will create hundreds of construction jobs and help make travelling through Schiphol easier.” said EIB Vice President Pim van Ballekom.

Schiphol Group’s Chief Financial Officer Els de Groot said: "We welcome the EIB’s continued support for our airport investments, following successful funding by the EIB in the last decade of other important Schiphol projects, including the fifth runway and the 70 MB baggage system programme. To remain Europe’s preferred airport, we will invest an additional EUR 500 million in the coming years.

An important part of this is directly related to creating a central security facility for the entire terminal. Gate security checks for flights to non-Schengen destinations will disappear and be replaced by five central security filters. This will both improve passenger comfort and significantly enhance the efficiency of the passenger-handling process for both the airport and airlines.”

Construction work began in mid-2013 for the first stage of the Schiphol master plan involving a new pier to the south of the single terminal, and extending and upgrading of the current security filter in Departures Hall 1 and in Lounges 1 and 2 in preparation for a central security system.

The new pier will increase the capacity of Schiphol Airport by some 3 million passengers per year and add space to park eight aircraft. Construction of the pier will start in 2015 and is expected to become operational in 2016.