Belarus has embarked on creating a designated MRO centre to offer maintenance services for western-built aircraft in its capital Minsk.
A freshly signed investment agreement with the Cyprus-registered company IteraVnukovo envisages building two facilities on the premises of the country's major gateway National Airport Minsk.
One is designed to cater for mainline narrowbody aircraft, such as the Boeing 737, Airbus A320 and Bombardier CRJ-100, and the other for business jets. Both will operate as joint ventures between IteraVnukovo and Minsk aircraft repair plant, which is located within city boundaries but will move to the new site following the project completion.
IteraVnukovo is a company specially formed by developer Itera Holdings and Vnukovo-Invest, which owns 75% of Moscow Vnukovo Airport, to carry out the project. Construction work should start next month and is due to be completed in two phases by 2011. Investment requirements are tentatively estimated at around $200 million.
Belarus' transport and communications minister Vladimir Sosnovsky says the phase one will include a paint shop, an engine overhaul plant as well as airframe technical assessment and testing facilities. He adds: "When completed and fully certified, this centre will be capable of doing aircraft repair work meeting the highest international standards."