On 12 April 2012, the ZAIC (Groupe ADP) consortium received a 30-year concession for the airport from the Government of Croatia. The concession includes financing, designing and constructing a new passenger terminal. The construction of a brand new terminal facility designed by Neidhardt architects of Zagreb and carried out by Bouygues Bâtiment International in partnership with Viadukt began on 18 December 2013 with the aim to replace the old terminal. It now has an initial annual capacity of 5.5 million passengers in the first phase and was officially completed in October 2016. The official inauguration of the terminal was on 28 March 2017. ZAIC now operates the entire airport for 30 years including the runways, the current passenger terminal, the cargo terminal, car parks and all future property developments. The concession contract involves a total investment of around €324m (£259m): €236 million for the design and construction of the new terminal and €88 million for operation of all airport infrastructure for the entire period of the concession.