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29-Jul-2013 1:09 PM

Manas International Airport seeking investment partners for six airports

Kyrgyz Republic's JSC Manas International Airport, which operates 11 airports in the country, stated (26-Jul-2013) it is seeking investment partners for six airports. The six airports in the tender request are Issyk-Kul, Batken, Isfana, Jalal-Abad, Kazarman and Naryn. CFO Asybek Arstanov said the company is seeking investors to manage all aspects of the gateways, with the following developments planned at these facilities:

  • Issyk-Kul Airport: The company estimates a project cost of around USD69 million to construct airport facilities, so that the investor could then construct resort and tourism infrastructure;
  • Batken Airport: Reconstruction to cater for near-medium-haul planes is estimated to cost USD11.5 million;
  • Isfana Airport: A project is valued at USD10 million and would include runway reconstruction;
  • Jalal-Abad Airport: An overhaul at Jalal-Abad airport for near-haul aircraft is estimated at USD6.4 million;
  • Kazarman Airport:  Renovating Kazarman airport, where the company sees tourism opportunities from UNESCO registered rock paintings, is priced at around USD6.5 million;
  • Naryna Airport: Required investment of around USD6.6 million is estimated. 

 Applications are due by 01-Sep-2013, with work due to commence no later than three months after the contract signing. [more - original PR]

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