China Everbright to acquire Tirana airport concession
Tirana International Airport shpk (TIA), the consortium that manages the Tirana International Airport Nënë Tereza (Mother Theresa) in Albania, has recently announced that the concessionaire is in negotiations with China Everbright Limited, the Chinese financial services company in asset management, direct investment, brokerage and investment banking.
The Tirana International Airport Nënë Tereza is currently Albania's only international airport. It is commonly known as Rinas International Airport, as it is located in the village of Rinas 11 kilometers northwest of Tirana. In 2001, the airport was named after Mother Teresa. It serves as a focus city for Alitalia, Blue Panorama Airlines, and Adria Airways.
According to local sources, the head of Tirana International Airport shpk (TIA) has revealed that China Everbright Limited has shown interest in buying the company and that the sale negotiations have started.
The airport has been managed and operated by Tirana International Airport shpk (TIA) since 23 April 2005 when it signed a concession period for 20 years. Additionally the concession agreement has been recently extended 2 more years, until 2027.
The consortium is composed of AviAlliance GmbH (47% of the shares), DEG Deutsche Investitions (31.7% of the shares) and the Albanian-American Enterprise Fund (AAEF), which posses the remaining 21.3% of the shares.
Country news
-
-
August 23, 2013
New law on PPPs and Concessions in Albania - Wolf Theiss
To date, Albania has seen a number of PPP projects, mainly in the area of the development and operation of hydro-power plants. While there is potential for PPP in all industry sectors including transport, public services, healthcare and waste, so far there has been little political support and little interest shown for the expansion of PPP projects into these sectors. It is yet to be seen in what direction and with what speed PPPs will evolve in Albania. Read more -
September 25, 2013
Tender launched for Tirana transport terminal PPP project
On 17 September 2013 the Municipality of Tirana has announced that it is launching a tender process for the construction of Tirana Public Transport Terminal. Read more -
February 26, 2014
EBRD re-tenders Tirana public transport terminal PPP project
On February 25, 2014, the European Bank for Reconstruction and Development (EBRD) has announced that the Municipality of Tirana (MoT) it is launching again a tender process for the construction of Tirana Public Transport Terminal. Read more -
September 26, 2014
IFC seeks consultants for Albanian health project
The International Finance Corporation (IFC) has issued a request for expression of interest (RFEOI) to hire legal and technical consultants for the upgrade of public hospital laboratories through a PPP project in Albania. Read more -
February 27, 2015
Albania launches tender for road concession
The government of Albania, through the Ministry of Transport and Infrastructure (MTI), has launched a tender process for the Milot-Morine highway concession. Read more
