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Kualanamu airport concession

Sector: Airport • Location: Indonesia

Source: World Bank Group

Project
Active

The project entails the concession of 49 % of the Kualanamu airport, Indonesia. The number of passangers per year is expected to reach 54 million. Total investment for the period of the concession, which 25 years is expected to be in amount of $ 6 billion. SPV is GMR Airports Netherlands B.V., a subsidiary of the sponsor GMR Group. The private company will take 49 % share in the airport, while the

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Project Information

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The project “Kualanamu airport concession” is an infrastructure initiative in the Airport sector, located in Indonesia. Taiyo aggregates data on it from World Bank Group.

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Participants

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Description

Description

The project entails the concession of 49 % of the Kualanamu airport, Indonesia. The number of passangers per year is expected to reach 54 million. Total investment for the period of the concession, which 25 years is expected to be in amount of $ 6 billion. SPV is GMR Airports Netherlands B.V., a subsidiary of the sponsor GMR Group. The private company will take 49 % share in the airport, while the remaining will be hold by the state-owned company Angkasa Pura II. Concession was signed on December 24, 2021. https://www.livemint.com/companies/news/gmr-subsidiary-awarded-contract-to-develop-indonesia-s-kualanamu-airport-11640358440553.html

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Source reliability

High

Data quality score

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