Indonesia USD 500m airport project draws international interest

05 February 2020 - 12:00 am UTC

A total of 39 companies – including Switzerland’s Zurich Airport AG and Paris-based Vinci Airports – have submitted letters of interest for a project to expand the Kualanamu Airport in Indonesia, according to a senior official at state-run operator Angkasa Pura II.

Angkasa Pura II will launch a request for proposals to form a strategic partnership in February or March, said Haris, the director of Angkasa Pura Aviasi, a company created to expand and operate the airport. Haris, like many Indonesians, uses only one name.

The winning bid will be announced in eight to 10 months, Haris told Inframation, adding that the successful bidder will hold a 49% stake in Angkasa Pura Aviasi for 25 years. He did not specify the estimated cost of the entire three-phase project. In a previous statement, Angkasa Pura II said that the project would cost USD 500m.

The other companies he said have expressed interest include: 

Singapore’s Changi Airport International;
Germany’s Avialliance and Fraport Group; 
France’s Groupe AdP and Egis;
Spain’s Ferrovial; 
Japan’s Itochu, Mitsui and Mitsubishi Corporation; 
Malaysia Airport Holdings;
Abu Dhabi Airports;
and India’s GVK and GMR Airports.

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