Kualanamu Airport is said to be sold to India, this is Angkasa Pura II’s answer

Tribunnews.com reporter Hari Darmawan

TRIBUNNEWS.COM, JAKARTA – Kualanamu International Airport, Medan, South Sumatra is said to have recently been sold to India.

This information became overcrowded after the emergence of a strategic collaboration between PT Angkasa Pura II (Persero) with GMR Group from India and Aeroports de Paris Group (ADP) from France.

Through this collaboration, Angkasa Pura II and the GMR Airports Consortium founded a Joint Venture Company (JVCo), namely PT Angkasa Pura Aviasi.

In response to the news, Armand Hermawan, Director of Transformation and Strategic Portfolio at PT Angkasa Pura II, said the collaboration was a strategic partnership to manage Kualanamu Airport.

“This partnership is not a transaction to sell shares or a form of asset sale,” said Armand in his official statement on Tuesday (November 30, 2021).

According to Armand, the strategic partnership is an innovative business model that attracts investment from the private sector to contribute to infrastructure development in Indonesia.

Also read: The GMR Airports consortium holds 49 percent of the shares in Kualanamu Airport, the Ministry of State Enterprises issued a statement

“The purpose of this strategic partnership is to accelerate 3E, which is the expansion of traffic, equity partnership and know-how sharing,” said Armand.

In this way, Armand continues, Kualanamu International Airport is competitive and the infrastructure can be improved more quickly.

In this strategic partnership, the partners are investing IDR 15 trillion in the development of Kualanamu International Airport.