Ministry offers Komodo Airport for private concession

The transportation ministry has offered Komodo airport for a private concession. “Wisnu Wijaya Soedibjo, acting deputy for investment at the Coordinating Investment Board (BKPM), said the government was offering a 25-year concession contract worth Rp 1.17 trillion (US$78.5 million) and an additional Rp 1.83 trillion for operational expenditure. ‘The PPP will not only help solve the government's budget limitations, but will also allow private firms with more experience and expertise to manage infrastructure projects more efficiently,’ he said during Komodo Airport's market sounding seminar in Jakarta.”