Joint venture between India and France manages Kualanamu Airport

Jakarta, CNN Indonesia –

Kualanamu International Airport in North Sumatra is now managed and developed by the GMR Airports Consortium. The consortium companies consist of the original GMR group India dan Aéroports de Paris Group (ADP) asal French. Management is categorized as a strategic partnership.

“The management and development of Kualanamu International Airport is part of a strategic partnership for a period of 25 years,” said PT Angkasa Pura II (Persero) or AP II in an official statement on Tuesday (23 November).

The value of the cooperation reached 6 billion US dollars or the equivalent of 85.6 trillion rupees (exchange rate of 14.268 rupees per dollar), including investments from strategic partners of 15 trillion rupees.

This partnership combines the resources of Kualanamu with the consortium. This cooperation is intended to make Kualanamu Airport the most important international hub and gateway in western Indonesia.

AP II and the GMR Airports Consortium will become shareholders in the joint venture PT Angkasa Pura Aviasi, in which AP II has a majority stake of 51 percent. The rest belongs to the GMR Airports Consortium.

Deputy Minister for State Enterprises 2 Kartika Wirjoatmodjo said this partnership will accelerate development and make airports in the ASEAN region more competitive.

“This strategic partnership can strengthen the capital structure and strengthen the application of global best practices in the management and development of Kualanamu International Airport. In the meantime, AP II will own 100 percent of its current assets and future asset performance results, “said Tiko, welcoming her familiar.

AP II President Director Muhammad Awaluddin said his party had set a number of criteria in finding partners, such as experience and a network of airports and international airlines, in order to develop routes and air services in Kualanamu.

Through this collaboration, he is targeting 54 million Kualanamu Airport passengers per year, which is the same as the current Soekarno-Hatta Airport passengers.

[Gambas:Video CNN]

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