airport deal

Kazakhstan – Almaty

Operator // Almaty International Airport JSC (AIA)

Overview

Overview

In Nov. 2019, industry media reported that a consortium comprised of TAV Airports and VPE Capital was in active negotiations to acquire ALA. The consortium (75% TAV, 25% VPE) is expected to invest USD200m for development of a new international terminal and related infrastructure upgrades, with construction initially targeted to commence by mid-2020 and open in 2022 however the program has delayed due to the COVID19 crisis with completion now targeted for 2024. The group has also committed to invest an additional EUR550m to develop ALA into a regional passenger transit and cargo hub.

 

 

6,422,700
N/A

Movements

384,000

Cargo (tonnes)

Airport Details

Included Airports

Airports

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Kazakhstan

1 airport

Transaction Stage

Stage

Deal has been archived

Deal transaction stage will no longer be updated when a deal has been marked as archived.

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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