airport deal

Albania – Kukës (Zayed bin Sultan Al Nahyan)

Operator // Municipality Kukës

Overview

Overview

Construction of Kukës airport commenced in May 2003 and was completed in Oct. 2005, at a total capital cost of USD20m, facilitated by the gov’t of the United Arab Emirates however, due to an exclusivity on international flights granted to the concessionaire for Tirana Int’l (TIA) from 2005-2025. In 2016, the gov’t reached an agreement with the TIA concessionaire to waive the exclusivity. Subsequently, the gov’t initiated a PPP process, seeking private investors for further investment, operation and maintenance of Kukës airport, with prescribed construction to be completed within 24 months.

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Included Airports

Airports

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Albania

1 airport

Transaction Stage

Stage

Deal has been archived

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Stage 1 — Pending

Deal Structuring & Market Sounding

Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.

Stage 2 — Pending

Due Diligence & Bid/Offer Development

Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.

Stage 3 — Pending

Award, Financial Close & Transfer

Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.

Deal Information

Information

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