The Antalya Airport Expansion Project consists of the expansion and modernization of Antalya Airport (AYT) in Antalya Province, Türkiye. The project includes (i) the expansion of International Terminal 2 and Domestic Terminal 4; (ii) the construction of additional apron space, taxiways, and associated infrastructure; and (iii) the ongoing operation and maintenance of airport terminal facilities. 

In 2024, IFC committed a Long-Term Finance Facility (LTF) and a B loan to Fraport TAV Antalya Yatirim Yapim ve Isletme A.S. (FTA), a joint venture between TAV Airports and Fraport AG, as part of a broader financing package supporting the project. IFC's financing is being used to refinance a bridge loan that funded the capital expenditure (CAPEX) expansion program at AYT. Under a 25-year lease agreement with the General Directorate of State Airports Authority (DHMI), FTA will assume responsibility for terminal operations at Antalya Airport in January 2027, while DHMI will continue to manage airside operations and air traffic control. 

In January 2026, CAO received a complaint regarding IFC’s investment in the project. The complainant alleged that the expansion of AYT resulted in the compulsory expropriation of land and property without meaningful prior consultation. The complaint further alleged that the compensation provided did not reflect replacement cost and had subsequently been significantly eroded in real terms. In addition, the complainant alleged the absence of an effective and accessible grievance mechanism through which affected people could seek redress and raised concerns about coercive practices directed at project-affected residents.

In March 2026, CAO found the complaint eligible and conducted an assessment. During the assessment process, there was no agreement between the parties on proceeding with a CAO-facilitated dialogue process. In accordance with the CAO Policy, the case was transferred to the Compliance function for appraisal to determine whether an investigation of IFC’s environmental and social performance is warranted in relation to the issues raised in the complaint. The Assessment Report is available in English and Turkish.