Concession Agreement Tirana International Airport Nene Tereza

1
Concession Agreement Tirana International
Airport Nene Tereza
20 year concession

• Prepared by
• Enno Bozdo

2
Legend

• Introduction
• Background
• Important Events
• Concessions Structure
• Benefits of Albania
• Concession Investments
• Development of the airport
• Pax increase in years
• Aircraft movements in years
• Cargo increase in years
• Conclusions

3
Introduction
4
Introduction

• The air gate to/from the country serving as a
  connection point with the world
• A standardized facility, operating to the best
  international airport practices
• The first and last impressive image of Albania
  offered to air passengers, and last but not
  least
• A standing commitment of the efforts of the
  Government for the further development and
  improvement of the Albanias infrastructure.

5
Background

• Part of the strategic governmental policies for
  the improvement of the infrastructure,
  considerations on a possible airport concession
  were based on the need
• to upgrade, improve and reconstruct the airport
  infrastructure
• to improve the safety and security standards
• to improve the operational standards of the
  airport

6
Background

• to ensure the transfer of an international
  know-how in the sole international airport of
  Albania
• to grow the airport handling capacity in
  compliance with the growing air travel demand
• for introducing a new management culture and
  international experience in performing the
  operational services, vital for an airport.

7
Concessions Structure
Concession Agreement and Law
PRIVATE INVESTORS
GOVERNMENT OF ALBANIA
Tirana International Airport ShpK
STRATEGIC INVESTOR HOCHTIEF AirPort (47)
Financial Partner DEG (31.7 ), AAEF (21.3 )
8
Benefits of Albania

• Total cost on the concession investment
• Payment of all due financial obligations towards
  KfW, such obligations regarding the airport
• Payment of the Concession Fee
• VAT, Taxes
• 30 of the Future Dividend value (approx. EUR 50
  Million)
• Transfer of know-how to Albanian companies
  (construction works)
• Creation of job opportunities in the community.

9
Concession Investments

• Phase A Construction Works (2005-2007)
• New Passenger Terminal
• New Car Parks (Area 1 and 2), covered and
  uncovered
• New Air Cargo Centre
• New Access Road
• New Bridge on the Existing Road
• New perimeter road
• New circuilatory road
• Standartised in-house services and
• Additional operational facilities (waste water
  treatment plant, etc).

10
Concession Investments

• Phase B of New Passenger Terminal (2008 2009)
• Reaching the handling capacity of 850.000
  pax/year, triggered the start of the works for
  the terminal expansion.
• Additional investments
• in airport facilities and operations
• in the extension of apron
• in improving the FFR Station, etc.
• Phase C and following Investment Phases
• The increase of handled volume will trigger the
  start of additional investment phases

11
Concession Investments

• Additional investments carried out in
• CCTV control system
• Access Control system
• Emergency Center
• Preparation of standardized Operation,
  Maintenance, Security Manuals and others.

12
Development of the Airport

• The Concession is continuing with impressive
  results regarding its performance
• There are stated satisfactory increases of
  operations
• The Government and its depending aviation
  authorities cooperate closely with the
  concessionaire ensuring efficient and smooth
  operations
• The investments programs of the concessionaire
  are a stable basis for the further development of
  the airports infrastructure.

13
Passengers Increase in Years
14
Aircraft Movements in Years
15
Cargo Increase in Years
16
Conclusions

• Improvement of security and safety standards
• Proven satisfactory results of airport's
  performance
• Increase of capacity and increase of the numbers
  of the operators
• Attractive towards new operators and opening
  potential for tourism purposes
• A state-of-the-art infrastructure.

17
Conclusions

• A successful private-public undertaking!

18
End

• Thank you
• for your
• attention!