Vanguard News
The gains of concessioning Asaba International Airport Okowa
On
By Festus Ahon
THE International lounge of the Asaba International Airport hosted prominent Deltans, top Government functionaries and investors Tuesday as the Airport was concessioned to a master concessionaire (FIDC-Menzies Consortium, now incorporated as Asaba Airport Company Limited) and sub-concessionaires of technical partners with a designated area of investment for 30 years by the State Government after five years of rigorous and painstaking exercise.
Among the sub-concessionaires is Air Peace airline which has the mandate of the anchor airline with the construction and operation of Maintenance, Repair and Overhaul (MRO) facility at the airport. Multiflight Cargo and Logistics will manage the cargo aspect and its development. Arbico Construction Company will develop the Business Park, Hotel and Convention Centre; Rainoil Limited and Cybernetics Limited are to develop tank farm and aviation
Pioneering Concession of State-owned Airport
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How states can recoup investment in airports using Delta State example
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Airport concessioning: Turning states liabilities to assetsBusiness — The Guardian Nigeria News – Nigeria and World News
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Delta State govt signs concession agreement with Asaba Airport Company
On
By Lawani Mikairu
The Delta State government Tuesday signed a concession agreement with Asaba Airport Company to manage and run the Asaba Airport for the next 30 years.
The agreement is coming after five years of negotiations between the parties involved in the concession. The negotiation started in 2016 when the current Governor of Delta State, Dr Ifeanyi Okowa, indicated his intention to concession the airport for better management.
The Asaba Airport Company Limited, the concessionaire, is a consortium that has technical partners as sub-concessionaires.
They are Air Peace as the Anchor Airline and MRO operator, Multifreight Cargo and Logistics for the cargo and Logistics centre, Arbico Construction Company to build the Business Park, Hotel and Convention Centre, Rainoil Limited and Cybernetic Limited to develop the Tank Farm and provide aviation fuel, and Quorum Aviation Limited to develop the privat