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Angkasa Pura I, S. Korean airport operator team up to explore opportunities

Agkasa Pura I and IIAC will also seek opportunities to manage airports abroad including King Abdul Aziz Airport in Jeddah.

News Desk (The Jakarta Post)
Jakarta
Wed, August 14, 2019

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Angkasa Pura I, S. Korean airport operator team up to explore opportunities Upbeat: Airplanes park at Hang Nadim International Airport in Batam, Riau Islands. State-owned airport operator PT. Angkasa Pura I and South Korea’s Incheon International Airport Corporation (IIAC) have agreed to team up to join a tender to manage the operation of Hang Nadim airport. (JP/Fadli)

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tate-owned airport operator PT. Angkasa Pura I has agreed to cooperate with South Korea’s Incheon International Airport Corporation (IIAC) to explore airport management opportunities in Indonesia and abroad.

A memorandum of understanding on the partnership agreement was signed by Angkasa Pura I’s president director Faik Fahmi and IIAC’s CEO Koo Bon Hwan in Incheon, South Korea, on Wednesday.

"We are delighted to be able to cooperate with one of the best airport management companies in the world. This will further increase our confidence and optimism in securing airport management contracts both in Indonesia and abroad," Faik Fahmi said in a statement.

Angkasa Pura I is currently in the process of taking over the management of several airports run by the Transportation Ministry, such as APT Pranoto airport in Samarinda, East Kalimantan; Sentani airport in Jayapura, Papua; Juwata airport in Tarakan, North Kalimantan; and Syukuran Aminuddin Amir airport in Luwuk, Banggai regency, Central Sulawesi.

Angkasa Pura I plans to take part in a tender to manage Komodo Labuan Bajo airport in East Nusa Tenggara and Hang Nadim airport in Batam, Riau islands.

At present, Angkasa Pura I manages 14 airports mostly located in eastern Indonesia including Ngurah Rai airport in Bali, Juanda airport in Surabaya. East Java, and Sultan Hasanuddin airport in Makassar, South Sulawesi.

Faik said as the initial stage of the cooperation, Angksa Pura I and the Korean company would form a joint venture to participate in the tender to manage the growing Hang Nadim airport. In addition, Agkasa Pura I and IIAC will also seek opportunities to manage airports abroad including King Abdul Aziz Airport in Jeddah.

"We are optimistic about this cooperation. Through this agreement, Angkasa Pura I will have greater opportunities to obtain contracts to manage airports at home and abroad. This will certainly further strengthen Angkasa Pura I's portfolio as a world-class airport management company," said Faik Fahmi. (hen)

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