ORIX - Vinci team final bidder for Kansai Airport concession

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
ORIX - Vinci team final bidder for Kansai Airport concession

ORIX Corporation and VINCI Airports have been selected for final bid for the concession for airport operation of Kansai International Airport and Osaka International Airport in Japan.

This announcement comes after the ORIX and VINCI Airports announced last month an agreement to cooperate and proceed with the selection procedures as equal business partners.

According to sources, there were two other bidders but they did not qualify as airport operator.

The concession will be for a period of 44 years. Government officials expect to fetch at least JPY2.2 trillion ($17.8 billion) from the winning bidder.

The preferred bidder will be announced on 18 September. The wining consortium is scheduled to begin operating the airports by March 2016.

Together, the Kansai and Osaka international airports, have a total of 32 million passengers, which represents the second busiest airport group in Japan.

  • Kansai International Airport is Located on an artificial island in the middle of Osaka Bay, 38 km southwest of ?saka Station, located within three municipalities, including Izumisano, Sennan and Tajiri. The airport was opened on 4 September 1994 to handle increasing passenger numbers at Osaka International Airport, which is closer to the city of Osaka and now handles only domestic flights. The airport serves as a hub for local airlines such as All Nippon Airways, Japan Airlines and Nippon Cargo Airlines.
  • Osaka International Airport s the primary domestic airport for the Kansai region of Japan, including the major cities of Osaka, Kyoto, and Kobe. It is classified as a first class airport.  Kansai International Airport took over Osaka's international traffic in 1994 and competes with Itami for domestic traffic.

The country is also selling the operating rights for its tenth largest airport, Sendai Airport in northern Japan.

List of country news

Country news

  • August 12, 2015

    Three bidders for Sendai airport privatization

    Three of the four shortlisted teams are in the final round of the bidding process for the rights to operate and improve facilities at Sendai Airport, Japan's 10th busiest airport. Read more
  • September 22, 2015

    Japan chooses Tokyu-led group to run Sendai Airport

    Japan has selected a team made up general contractor Maeda Corporation and railway operator Tokyu Corporation as the preferred bidder for the rights to operate and improve facilities at Sendai Airport, Japan's 10th busiest airport. Read more
  • November 10, 2015

    ORIX-VINCI Airports preferred negotiation right holder for Kansai and Osaka airports concession

    This announcement comes after the team was the only team selected in June this year for the submission of a final bid for the airport concession. Read more
  • November 25, 2015

    ADB and Japan announce $16 billion infrastructure & energy investment

    The Asian Development Bank (ADB) and the Government of Japan have announced a US$16 billion partnership over the next 5 years, including the establishment of an investment fund. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.