Consortiums to Handle Singkawang Airport

By Editorial Team 09/10/2019
Summary

The government is offering the development and management of Singkawang Airport in West Kalimantan to the private investors through government-to-business scheme (KPBU). On Monday (10/7), Transportation Minister Budi Karya Sumadi said the decision to hand over the project to the private sectors, either foreign or domestic, was because the state could only fund the project to a particular limit.

Around 20 consortiums, from France, Canada, South Korea, Japan, and China, had expressed their interests in the development and management of the Singkawang Airport. The government proposed a limited concession scheme for around 32 years to the interested parties. Besides Singkawang Airport, the government is holding a tender for Komodo Airport construction in East Nusa Tenggara (NTT) in which Changi Airports International Pte Ltd and PT Cardig Aero Service are leading the bid race.

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