Komodo Airport in Labuan Bajo, East Nusa Tenggara - Photo: Special

JAKARTA (TheInsiderStories) – As many as 70 investors were interested in developing of Komodo Airport in Labuan Bajo, East Nusa Tenggara through the public private partnerships (PPP) scheme, said the Investment Coordinating Board on Monday (30/10). This project is planned to enter the auction stage end of this month.

The development of Komodo Airport requires a total investment of Rp3 trillion (US$200.00 million), consisting of Rp1.17 trillion for capital expenditure and Rp1.83 trillion for operational expenditure.

Companies that have expressed interest through a Letter of Interest among them Muhibbah Engineering Berhad, GMR Group, PT Astra Infra, PT GVK Services Indonesia, SERCO Asia Pacific, Bank of Tokyo-MUFG, ITOCHU Corporation, PT PT Cardig Aero Services Tbk (IDX: CASA), BAM International, PT Wijaya Karya Building Tbk (IDX: WEGE), PT PGAS Solution, PT Sojitz Indonesia, PT Adhi Karya (IDX: ADHI), PT PP Tbk (IDX: PTPP), PT Waskita Karya Tbk (IDX: WSKT) and China Construction Engineering Eight Division.

According to Acting Deputy of Investment Planning at the investment board Wisnu Wijaya Soedibjo, his party in cooperation with the Ministry of Transportation held a second Market Sounding activity for the Preparation of Pre-Qualification Komodo Airport yesterday.

Airport Director of the Ministry of Transportation Polana B. Pramesti added, that the form of cooperation in this project no longer requires a consortium between business entities and PT Angkasa Pura I as a standing partner for airport management.
And the plan, she continued, the announcement of the pre-qualification will be held on October 31 in print and electronic media.

This project is also planned to get a government guarantee through PT Indonesian Infrastructure Guarantee. Investment returns of this PPP’s project are obtained through tariffs for airport facility service users during the concession period 25 year.

Written by Staff Editor, Email: theinsiderstories@gmail.com

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