An Abu Dhabi-led consortium investing US$850m to expand Jordan's main airport is looking to exit a 25-year concession to manage the facility, preferring to cash in the investment rather than stay involved for coming years.
Three banking sources told Reuters Airport International Group (AIG), formed of French, Greek and Jordanian firms to expand the Queen Alia International Airport with an additional terminal, had approached banks to advise on the possible sale.
The consortium was awarded a 25-year build-operate-transfer (BoT) concession by the Jordanian government in 2007. The new terminal is expected to open in February, increasing capacity nearly three times to 9m passengers a year.
Abu Dhabi-led grouping eyes exit from Jordan airport - Construction - ArabianBusiness.com
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