A new airport in the Central Asia region is envisioned in lieu of an existing one to deal with the country’s anticipated growth in passenger and cargo traffic. An international consortium is in negotiation with government bodies on this new airport. Several studies have already been conducted by the consortium including traffic studies. Moreover; there is a need to conduct a comparative analysis of the costs and benefits of constructing a new airport versus the existing airport and its potential expansion. IFC is engaging with the Consortium; with the aim to review and provide its views on the project documents and assess the project's bankability. As part of this engagement; IFC is looking for a consultant firm/consortium of firms (Consultant) who will be tasked to conduct the following activities: 1. Comparative analysis to validate the rationale behind opting for a new airport construction instead of the existing one and its potential expansion. To this end; the Consultant will perform comprehensive analysis of the alternatives and provide an independent view on the impact of building the new airport and justify the same based on economic; environmental and social; operational and other relevant aspects.2. Review and validate the existing market and traffic studies made available by the Consortium. This will include reviewing and challenging the assumptions of the studies to check their robustness and identify any gaps in the methodology. The Consultant should provide global market trends; assess the competitive environment in the Central Asia region and the specific country in question as well as revise the overall traffic forecast if relevant. The Consultant will liaise closely with IFC; the Consortium and other stakeholders during the engagement; envisioned to be completed over a period of around 6 weeks. The selected firm is expected to have proven experience in conducting such commercial; traffic and other related assessments in the aviation sector; including the Central Asia region; experience working with large IFIs and DFIs especially in the infrastructure space as well as possess excellent communication and presentation skills with high level audiences. Following the EOI stage; IFC will provide a detailed Terms of Reference detailing the scope of work to the shortlisted firms at the RFP stage.