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Jakarta Post

Ministry offers Komodo Airport for private concession

  • Rachmadea Aisyah

    The Jakarta Post

Jakarta   /   Wed, September 26 2018   /  02:54 am

The Transportation Ministry has released a pilot project for its first public-private partnership (PPP) as it offers Komodo Airport in East Nusa Tenggara (NTT) for private concession, with the help of other government institutions.The airport is the main hub for the increasingly popular coastal areas of Labuan Bajo, which is included in the government’s 10 “New Bali” destinations, an effort to ramp up foreign tourist visitors to the archipelago.Wisnu Wijaya Soedibjo, acting deputy for investment at the Coordinating Investment Board (BKPM), said the government was offering a 25-year concession contract worth Rp 1.17 trillion (US$78.5 million) and an additional Rp 1.83 trillion for operational expenditure.“The PPP will not only help solve the government’s budget limitations, but will also allow private firms with more experience and expertise to manage infrastructure projects mor...