PT Angkasa Pura II, offers a portion of Kualanamu International Airport in Medan, North Sumatra to potential strategic partners, said the CEO yesterday (07/16) - Photo by the Company

JAKARTA (TheInsiderStories) – Airport operator, PT Angkasa Pura II or AP II, offers a portion of Kualanamu International Airport in Medan, North Sumatra to potential strategic partners, said the CEO yesterday (07/16). To realize this plan the company has issued a Final Request for Proposal to potential investors.

Later, the airport manager and its strategic partner will become a shareholder in PT Angkasa Pura Aviasi, who is the manager of Kualanamu Airport. The company plans to offer ownership to strategic partners up to 49 percent.

According to CEO of AP II, Muhammad Awaluddin, the company together with the strategic partners will play a role in developing, upgrading the facilities, to operates and maintaining Kualanamu Airport within a period of 25 years.

Together with strategic partners, he said, the company believes Kualanamu Airport can build a strong aviation network to position itself as an international hub in western Indonesia with a variety of supporting infrastructure. The director of transformation & strategic portfolio, Armand Hermawan, added that the announcement of selected investors will be made on December 23, 2020.

For phase I, he said, AP II and partners will increase the capacity of the airport’s passengers from the current 9 million passengers per year to 17 million passengers per year. Then the second phase will be 30 million passengers per year, and 42 million passengers per year in the third phase.

“In the Phase I development, the required capital expenditure is around Rp3 trillion,” said Hermawan by adding to Phase III, the investment needed was Rp12 trillion (US$839.36 million).

In addition to expanding terminal capacity, the development of Kualanamu Airport also leads to the concept of Aerotropolis with various commercial buildings on 200 hectares of land including theme parks, logistics parks, factory outlets, maintenance repair & overhaul facilities as well as trade complexes.

This airport is the third largest airport in Indonesia after Soekarno – Hatta in Jakarta and Kertajati in Majalengka, West Java. The construction of this airport is part of a national strategic project and is expected to become an international transit base airport for Sumatra and the surrounding area.

Kualanamu Airport began operating since July 25, 2013, although there are facilities that have not yet been fully completed. The transfer of the airport to Kualanamu has been planned since 1992. The airport was opened on July 25, 2013.

At present, the airport can accommodate 8.1 million passengers and 10,000 aircraft movements per year. After the completion of phase II the airport is planned to accommodate 25 million passengers per year. The passenger terminal to be built is around 6.5 hectares with a commercial area of ​​3.5 hectares and a cargo facility of 1.3 hectares.

The airport has a runway length of 3.75 kilometers which is suitable for landing aircraft as large as the Boeing 777 and has eight garbarata. The airport is capable of being landed by passenger aircraft Airbus A380, Antonov An-225, and Boeing 747-8. This airport is the fourth airport in Indonesia that can be landed on Airbus A380 besides Surabaya, Jakarta and Batam.

US$1: Rp14,300

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