Over 40 investors keen to invest in Kertajati Airport

Over 40 investors keen to invest in Kertajati Airport

Masterplan of Kertajati International Airport is an airport under construction on the northeastern coast of West Java, Indonesia. (itb.ac.id)

We have also discussed it with the minister, and there is no problem."
Bandung (ANTARA News) - More than 40 domestic and foreign investors have expressed interest to invest in the development of Kertajati Airport, President Director of West Java International Airport (BIJB) Virda Dimas Ekaputra stated.

They have shown interest to develop ground infrastructure, such as the flight terminal, transport connectivity, and other facilities at the airport located in Majalengka district, Ekaputra remarked here on Thursday.

"The foreign investors who have expressed interest are from Switzerland, Turkey, Munich Airport (Germany), Qatar, and India. There are also domestic investors," he revealed.

He explained that the BIJB had officially opened the tender for investment through an event called "Market Sounding" to meet the investors.

According to Ekaputra, several strategic partners had raised concerns over the development of the largest airport in West Java province.

He affirmed that through the event, the BIJB had invited domestic and foreign investors and had selected strategic partners for the construction of ground facilities at the Kertajati Airport.

"We had invited them here to provide information on the bidding process and other necessary requirements. After the event, we will move on to the pre-qualification phase, which will take place in the second week of January 2016.

According to the rule of law, foreign investors may hold a maximum stake of 49 percent. West Java Governor Ahmad Heryawan has instructed to give at least 40 percent stake to foreign investors.

"Our policy allows it. We have also discussed it with the minister, and there is no problem," Ekaputra noted.

According to the auction, it appears that they are seeking strategic partners apart from PT Angkasa Pura II as the state-owned corporation was originally the first option based on the concept of market sharing between Husein Sastranegara Airport in Bandung and BIJB in Majalengka.

"But, honestly, the plan for a joint venture between BIJB and Angkasa Pura had reached a deadlock state, although we had given sufficient time to them to reach a decision," he stated.

(Reported by Ajat Sudrajat/Uu.R029/INE/KR-BSR/A014)