Indian investor too on the race to manage Indonesian airports

Jakarta: The director general of air transportation at the Transportation Ministry, Herry Bakti S Gumay, said Wednesday the government had offered up seven airports across Indonesia to be managed by foreign investors.
“The airports are in South Banten, Bali, East Kalimantan, West Kalimantan and West Java. All require the construction of new terminals,” Herry told reporters.
He said it was also possible that Jakarta’s Soekarno-Hatta International Airport and Ngurah Rai International Airport in Bali would be offered up as both were in need of massive improvement.
According to Herry, an Indian investor had shown interest in investing in Indonesian airports and had met with the government to submit proposals.
It is believed the involvement of foreign investors is due to a limited state budget and provisions outlined in the aviation law.
Previously, State-Owned Enterprises Minister Mustafa Abubakar said the government was looking for local and foreign investors to develop the airports, which have been operating for 25 years.
02/09/10 Nani Afrida/The Jakarta Post

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Categories: airports Sep 2010, Foreign Sep 2010, New Sep 2010