Changi Airports International (CAI), a subsidiary of Singapore’s Changi Airport Group, and the PT Cardig Aero Service (CAS Group) air transportation service company have been awarded by the Government of Indonesia to manage, develop, and operate the Komodo Airport in Labuan Bajo, East Nusa Tenggara.
The airport facility is located on Flores Island and is considered as the gateway to the highly popular Komodo National Park as it lies east of Komodo Island.
The consortium has won the public-private partnership (PPP) tender for the Komodo Airport expansion project with an estimated investment to value up to IDR1.2 trillion (US$ 85.82 million). The winning bid will host the airport for 25 years.
The Indonesian government expects that the with the private consortium taking the lead in the airport facility, it will enhance the passenger traffic at Komodo Airport from 500,000 passengers per year at present to 4 million passengers by 2044. The consortium will expand the domestic terminal and developing an international terminal, as well as by extending its runway and apron.