Male’ International Airport
24 June 2010. Indian company GMR Infrastructure has said it is confident it will win the bid for Male’ International Airport, after offering US$78 million (Rf1 billion) upfront.
“Considering the offers, we will get the highest marks. We will make the payments and take over the operations of the airport in March,” newspaper Haveeru reported one official as saying.
Finance Minister Ali Hashim disclosed the bids at a function today.
Bids at a glance:
• GMR-KLIA: US$78 million upfront and one percent of the total profit in the first year (until 2014), and 10 percent of the profit from 2015 to 2035. GMR would also pay 15 percent of fuel trade revenues to the government in the first four years and 27 percent from 2015 to 2035.
• Turkish TAV Airports Holdings Company and French Airports De Paris: US$7 million (RF89.95 million) upfront payment, with 31 percent of the total profit until 2014 and 29.5 percent from 2015 to 2035. The consortium offered 16.5 percent of the profits from fuel trade.
• Swiss Flughafen Zurich AG and GVK Airport Developers offered US$27 million (Rf346.95 million), along with 27 percent of the total profit in the first four years and nine percent of the profit from 2015 to 2035. The consortium said it would pay nine percent of fuel revenues to the government.
The Jumhoory Party (JP), led by Gasim ‘Buruma’ Ibrahim, has meanwhile announced that it will conduct a ”special gathering” to express disapproval at the government’s decision to privatise Male’ international airport.
Ali Shareef, secretary general of JP, said the special gathering would be conducted in collaboration with other NGOs and political parties.
”Male’ international airport was built by our forefathers and it is one of the assets of the state,” said Shareef. ”There are many concerns over privatising the airport, and we want to express our opinions during this special gathering.”