Meridiam Builds Up an Airport Investment Portfolio Covering Four Continents Within Five Years

Justin Lee

Singapore

October 30, 2023

LGA

fr

Meridiam SAS

5

Airports

4

Countries

1

Report

Meridiam is a global investor and asset manager based in Paris specialized in developing, financing and managing long-term public infrastructure projects.

In terms of airports, Meridiam has investments in the Middle East, Eastern Europe, Africa and the United States.

QAIA 1

© Wikimedia Commons

Queen Alia International Airport

Meridiam currently has a 32% stake in the International Airport Group, the operator of Queen Alia International Airport in Jordan.

In 2007, the Government of Jordan had selected Airport International Group (AIG) to refurbish, expand and operate the airport for 25 years. Construction was completed in November 2016. Upgrades and capacity expansion works will continue over the coming years.

In 2018, Meridiam and its partner Aéroports de Paris (ADP) acquired 86% of the concessionaire, Airport International Group (AIG). Meridiam and ADP (who had been an investor since inception) jointly developed an unsolicited offer to take control of the Project on an off-market basis.

According to the statistics recorded from the beginning of the year until the end of September 2023, Queen Alia International Airport received 7,255,782 passengers, registering a 24.4% increase compared to the previous year’s statistics.

Airport International Group’s revenues in 2019 were approximately JOD200mn.

QAIA 2

© Wikimedia Commons

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