Press Release: Transfer of Pristina International Airport - Adem Jashari to Limak Kosovo International Airport JSC

Press Release

 

Transfer of Pristina International Airport - Adem Jashari to
Limak Kosovo International Airport JSC

 

Today, on April 1, 2011, at the meeting of the Inter-Ministerial Steering Committee of the Public-Private Partnerships (PPP-ISC), a decision was taken to provide the PPP-ISC relevant approvals of fulfillment of the conditions precedent the private partner, Limak Kosovo International Airport (LKIA).

 

At the same time, it was decided that official handover ceremony was to be held on 04.04.2011, starting at 14:00 in PIA - AJ.

 

This process was preceded by the fulfillment of a considerable number of preconditions, among them finance agreements for LKIA, approval of designs for the airport terminal, etc.

 

Consortium Limak - Aeroports de Lyon has been awarded the contract for expansion and operation of PIA AJ, on 12 August 2010, after it offered to Kosovo Government an average of 39.42% of gross income in exchange for the right to operation.

 

The private partner is required to make investments to modernize and expand PIA - AJ, investing over 100 million € in new infrastructure, including building a new terminal. Also from the private partner is required to operate the Airport by offering enhanced services at high quality.

 

The Republic of Kosovo will remain owner of 100% of the Airport property.

 

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