Brasil: Auction of the 12 airports to be held on 15 March

More than R$ 3.5 billion are expected to be invested in port terminals in the Northeast, Center-West and Southeast regions.

The auction of the three airport blocks – Northeast, Southeast and Center-West – will be held on March 15, 2019, on the São Paulo Stock Exchange, B3. The announcement will be published this Friday (November 30), according to the announcement made by the Investment Partnership Program (PPI), at the Planalto Palace, on Thursday (November 29). For this fifth round, the minimum value of the award, to win the 12 terminals will be R$ 219 million, in cash. Along the concession the total value of the concession is R$ 2.1 billion. The concession period will be 30 years.

The estimated investment for the three blocks is R$ 3.5 billion. The winners of the bid will be defined by the best economic proposal, that is, the one that offers the highest premium on the minimum amount to be paid in cash.

According to the National Civil Aviation Agency (ANAC), the 12 airports that will be granted are divided into three blocks: Northeast, Southeast and Center-West. The first is composed of the airports of Recife (PE), Maceió (AL), Aracaju (SE), Juazeiro do Norte (CE), João Pessoa and Campina Grande, in Paraíba. For the auction, the minimum value will be R$ 171 million. It is expected that the total grant will reach R$ 1.7 billion (initial grant plus collection of variable grants), to be paid annually. The estimated investment is R$ 2.153 billion for the entire block.

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FAAN Initiates 150 Projects In 19 Nigerian Airports

There are no fewer than 150 investment opportunities in 19 of the Nigeria’s airports, a document obtained by our newspaper.

This is as the Federal Airports Authority of Nigeria (FAAN) has categorised 20 of the nation’s airports into four with the Murtala Muhammed Airport (MMA), Lagos, Nnamdi Azikiwe Inetrnational Airport (NAIA), Abuja and Port Harcourt International Airport (PHIA), Omegwa, rated among the premium international airports in the country by the agency.

A document obtained by INDEPENDENT revealed that Lagos, Abuja, Kano, Port Harcourt, Calabar, Enugu, Jos, Kaduna, Maiduguri, Sokoto and Yola Airports are among the 19 airports with different investment opportunities the airport manager required investors to invest in.

Others are Katsina, Ilorin, Akure, Ibadan, Benin, Makurdi, Minna and Owerri Airports.

For the projects to be executed, the report revealed that FAAN sought the partnership of potential investors in different operating models like Build Operate and Transfer (BOT), Build-Own-Operate-Transfer (BOOT), Design Build Finance and Operate (DBFO) and Management Concession.

The document indicated that Lagos, Kano and Port Harcourt Airports led the other airports with 12, 15 and 13, investment opportunities, respectively.

On investment opportunities at Lagos Airport for instance, FAAN sought the collaboration of investors in the area of mono-rail transport system, public gallery, airport hotel facility, surface ground transportation, car park development, mixed use shopping malls, cargo complex/ware house and automated trolley management system.

Others are banking pavilion, aircraft maintenance facility, petrol stations and training centres for aviation related programmes.

At Kano Airport, FAAN said there were investment opportunities in airport hotel facility, multi-storey car park development, mixed use mall, shuttle bus services, housing estate, surface ground transport, aircraft maintenance facility, in-flight catering complexes, office complex, cargo complex, automated trolley management system, petrol stations, cell site installation and independent power project.

For Port Harcourt International Airport where FAAN planned 13 investment opportunities, it encouraged investors to partner with it on airport hotel facility, resort centres, horticulture/flower gardens, conference centre, amusement park, rail transportation system, airline office complex, missed use mall and in-flight catering complexes.

Others are office complex, cargo and warehousing complex, automated trolley management system, banking pavilion, petrol stations, cell site installation and independent power project.

Some of the investment opportunities identified at Calabar Airport included aviation fuel farm, airport hotel facility, housing estate, surfacing ground transportation, aircraft maintenance facility and independent power project among others.

Other airports in which FAAN is seeking collaboration with private investors included Enugu, Maiduguri and Jos airports with six projects each lined up; Kaduna; 10, Sokoto; seven, Yola; five, Katsina; five, Ilorin; four and Akure with 12.

Ibadan, Benin, Makurdi, Minna and Owerri Airports had 11, five, three, six and 11 investment opportunities, respectively in which the agency was seeking investors for.

On the categorisation of the airports, FAAN had placed Lagos, Abuja and Port Harcourt as its premium international airports while in its category two were Kano and Enugu airports.

For category three, which it placed as premium secondary (domestic), FAAN categorised four airports; Imo, Kaduna, Calabar and Benin Airports.

The fourth category comprised Ilorin, Jos, Maiduguri, Ibadan, Sokoto, Ondo, Katsina, Minna, Markurdi, Yola and Zaria airports.

The report added: “Our airports are prime areas for high yield investment and income stream, FAAN generates revenue from a variety of sources, which consist of income generated from land lease concessions, retail concessions, advertising and branding, commercial and cargo services.”

It would be recalled that FAAN had last week in Lagos met with its contractors and commercial banks in the country to device how they could work together to execute some of its projects in the industry.

Speaking at the occasion, Mrs. Adenike Aboderin, Director of Finance and Accounts, FAAN noted that there were great opportunities for risk asset creation for banks and job creation for Small and Medium Enterprises (SMEs) with the agency’s continued investment towards the upgrade of infrastructure, especially its old terminal buildings.

Aboderin said FAAN was growing and that the collaborative effort between contractors, insurance companies and commercial banks would be of tremendous benefits to all parties involved, especially with all the advancements and improvement the agency still had at hand.

She said: “We would like to thank you once again for meeting with us, as we look forward to a mutually beneficial relationship and more opportunities for collaboration. Let me quickly reiterate that this collaborative effort between contractors, insurance companies and commercial banks will be of tremendous benefits to all parties involved.

“For us as an institution, we would continue to invest towards the upgrade of our infrastructure, most importantly our old terminal buildings. This presents a great opportunity for risk asset creation for the Banks and job creation for our SMEs. To our contractors, we thank you for your partnership as we look forward to working with you all to upgrade our facilities in the coming years.”

Source: The Independent

RENOWNED TERMINAL OPERATOR SELECTED TO RUN TERMINAL ONE AT NEWARK LIBERTY INTERNATIONAL AIRPORT

The Port Authority Board of Commissioners today approved the selection of Munich Airport International GmbH (MAI) to operate and maintain the new $2.7-billion Terminal One, which is replacing outmoded Terminal A as part of the agency’s ongoing commitment to a world-class Newark Liberty International Airport.

The board vote authorizes MAI, beginning in 2019, to manage operations, maintenance and concessions functions in the existing Terminal A, where it also will make short-term customer enhancements until the terminal’s closure. MAI then will operate the new Terminal One as part of a 15-year agreement. MAI is a subsidiary of Flughafen München GmbH (FMG), which operates Munich International Airport.

The firm’s selection, which follows a rigorous competition and review process, was based on its global presence, customer experience rating and concession management expertise.

“Today’s action leverages MAI’s expertise to help develop a Terminal One that delivers the level of service and amenities our customers expect and deserve,” said Port Authority Chairman Kevin O’Toole. “MAI has mastered the use of industry best practices to establish premier facilities that are more efficient and customer-oriented.”

”MAI’s global position and brand quality will ensure that Terminal One becomes a world-class facility. MAI will also bring its top-of-the-class capabilities to enhancing the customer experience at Terminal A during construction of Terminal One,” said Port Authority Vice Chairman Jeffrey Lynford.

MAI’s parent company has a unique full-service business model, in which the business activities and practices of the airports it manages are covered by its own departments or subsidiaries. These include airport operations, IT, engineering, real estate services, facility management, fleet management, a training academy, ground transportation services, rentals, hotels and catering, as well as retail.

Terminal One is scheduled to be fully operational by 2022. It will feature cutting-edge digital technology, superior dining and retail options in approximately one million square feet of space and be able to accommodate 13.6 million passengers on three levels. The new terminal will have 33 common-use gates to handle larger aircraft and modernized check-in, security and baggage claim areas.

Munich International Airport ranked fourth among global airports worldwide in the most recent study by Skytrax, which conducts a comprehensive examination of more than 500 airports globally, and has been voted Europe’s best airport 10 out of the last 12 years, Over the last decade, MAI has maintained a 5-Star rating, awarded to airport managers that achieve superior customer service performance through its facilities, services, amenities and level of customer hospitality.

The Terminal One Redevelopment Program overall is expected to generate more than $4.6 billion in regional economic activity, create more than 23,000 job years and provide more than $1.9 billion in wages. The project goal is to award certified minority- and women-owned business enterprises a significant portion of sub-contract, vendor and consulting work within the project.

Grantley Adams International Airport: Airport to be run by concessionaire

Workers at the Grantley Adams International Airport Inc. (GAIA) are to be offered shares in that corporatized state enterprise in an arrangement which will also see the nation’s lone airport being run by a concessionaire, Prime Minister Mottley has revealed

In a meeting with airport workers, Mottley said significant infrastructural work was coming to the airport and that Government was in talks with the private sector arm of the World Bank, the International Finance Corporation, which is about to conclude an agreement to work with Government.

In a Government statement, it was disclosed that the proposed structure, which is yet to be formally approved by Cabinet, is to allow Government to retain ownership, while issuing a concession to “an outside entity that will be bid internationally”.

The concession, she said, would allow for significant expansion of the airport, including the addition of just under 30,000 square metres in order for Barbados to become “the hub of choice for the southern cone”, the Government Information Service release continued.

“The ownership of the airport stays with us,” Mottley declared. “We are not giving away anything . . . . The bottom line is that that injection of capital that we need and infusion of systems that we need we believe we can get by giving out a concession.”

The Prime Minister told the workers that while the final numbers would depend on the accounting formula, it was expected that about 20 to 25 per cent of the shares in GAIA would be available to the workers as well as the National Insurance Scheme (NIS).

Source: Barbados Today