GEK Terna has signed a €262 million ($297.7 million) contract with France's Vinci Airports for construction and refurbishment works at Belgrade's Nikola Tesla airport. The project includes a series of infrastructure overhauls, aiming to develop and upgrade the airport's capacity and operating conditions, enable airlines to offer new routes and increase passenger and cargo traffic in line with Serbia's economic growth, based on current and future data. Under the terms of the deal, GEK Terna will be in charge of building a new passenger terminal with a total surface area of 42,000 square metres, refurbishing existing terminal facilities with a total surface area of 15,000 square metres, building a new 3,500 metre-long runway and upgrading the existing 3,400 metre runway. GEK Terna will also expand the existing apron and build new apron infrastructure with a total surface area of 55,000 square metres, expand the existing deicing pads with a surface area of 6,000 square metres and build new car parks with 2,400 parking slots. The company will also build nine taxiways, roads with a total length of 3.5 kilometres and a rainwater drainage system. The construction works will take five years to complete.