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Antalya airport concession

Sector: Aerospace & Defense • Location: Turkey

Source: World Bank Group

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Placing the highest total bid of 7.25 billion euros, Fraport AG and its partner TAV Airports Holding won today’s auction for the new concession to operate Antalya Airport (AYT), the gateway to the Turkish Riviera. A percentage of 25% of the bidding price is payable up front within 90 days after closing of the concession contract. The existing concession for Antalya Airport – managed by the Fraport

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The project “Antalya airport concession” is an infrastructure initiative in the Aerospace & Defense sector, located in Turkey. Taiyo aggregates data on it from World Bank Group.

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Description

Description

Placing the highest total bid of 7.25 billion euros, Fraport AG and its partner TAV Airports Holding won today’s auction for the new concession to operate Antalya Airport (AYT), the gateway to the Turkish Riviera. A percentage of 25% of the bidding price is payable up front within 90 days after closing of the concession contract. The existing concession for Antalya Airport – managed by the Fraport and TAV joint venture – expires at the end of 2026. Fraport TAV Antalya has extended its concession to operate Antalya Airport in Turkey until 2051 after offering the highest bid in the tender and pledging to invest €765 million on upgrading the gateway to allow it to handle up to 80 million passengers per annum. Vnukovo-INTEKAR Yapi JV participated to the tender alongside TAV-Fraport JV. Concession was signed on December 28, 2021. https://www.bloomberght.com/tav-ve-fraport-antalya-havalimani-sozlesmesini-imzaladi-2295478, https://airport-world.com/fraport-tav-antalya-extends-airport-concession-to-2051/, https://www.fraport.com/en/newsroom/press-releases/2021/q4-2021/fraport-and-tav-win-tender-for-new-antalya--airport-concession-.html

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