KfW IPEX-Bank finances infrastructure for Düsseldorf Airport

Frankfurt am Main (ots) -

- EUR 50 million loan for Germany's third largest airport
- Bank supports modernisation of infrastructure
- Measures to enable handling of large aircraft

KfW IPEX-Bank is providing a EUR 50 million loan to allow
Düsseldorf Airport to modernise its infrastructure. The airport
operator will use the funds to introduce safety measures, optimise
turnaround processes and improve energy efficiency. When the contract
was signed, Christian K. Murach, member of the Management Board of
KfW IPEX-Bank, underscored the importance of the measures. "For a hub
to be successful at international level it needs state-of-the-art,
efficient infrastructure. The support provided by our financing
directly serves the strategic interests of ensuring the continuing
development of Düsseldorf Airport as a business concern. And one of
the core business areas of KfW IPEX-Bank is to offer our structuring
expertise to support forward-looking investment in infrastructure."

The investment measures in Düsseldorf include renewing the fire
rescue routes as well as the lighting systems to ensure that widebody
aircraft can be handled safely. They further include optimising route
planning along gate B and completely rebuilding taxiway L7. The power
supply will also be upgraded to bring it in line with the demands of
new aircraft types during standing and turnaround times on the
ground.

The gateway to North Rhine-Westphalia, Germany's most populous
federal state, Düsseldorf Airport is one of the country's most
important transport hubs.

About KfW IPEX-Bank

KfW IPEX-Bank GmbH is responsible for international project and
export finance within KfW Bankengruppe. Its function of providing
financing to support the German and European economy is derived from
the legal mandate of KfW Bankengruppe. Its prime focus is on medium
and long-term lending to support the export economy and develop
economic and social infrastructure, and for environmental and climate
protection projects. KfW IPEX-Bank GmbH operates as a legally
independent group subsidiary and plays a major role in fulfilling the
promotional mission of KfW Bankengruppe. It has around 570 employees
and is represented in the key economic and financial centres around
the globe.

Pressekontakt:
KfW IPEX-Bank GmbH, Palmengartenstraße 5-9, 60325 Frankfurt
Pressestelle: E-Mail: Dela.Strumpf@kfw.de
Tel. 069 7431-2984, Fax: 069 7431-9409, E-Mail:
info@kfw-ipex-bank.de,
Internet: www.kfw-ipex-bank.de