Limak Holding – a Turkish group involved in construction, energy, tourism and airports – together with France’s Aeroports de Lyon, the operator of Lyon airport, have signed a contract with the Kosovo government for the refurbishment and operation of Kosovo’s Pristina airport.
The public-private partnership (PPP) contract will require the consortium to invest about €140 million in building a new terminal and upgrading the airport, which it will also operate over a 20-year period. During that time, the consortium intends to increase the airport’s annual passenger throughput from the current 1.5 million passengers to 4 million passengers.
Kosovo minister of economy Ahmet Shala told Turkish newspaper Hürriyet Daily News that the consortium will pay close to 39 percent of the airport’s annual revenue to the government.
Limak, together with India’s GMR Infrastructure and Malaysia Airports Holding, also won a contract in 2008 to build, operate and transfer (BOT) Istanbul’s Sabiha Gökçen International Airport, a greenfield airport, for a period of 20 years.