China Everbright and Friedmann Pacific jointly acquire Tirana International Airport

China Everbright Limited announced (25-Apr-2016) that Keen Dynamics Limited, its JV with Friedmann Pacific Asset Management Limited, signed (25-Apr-2016) an agreement to acquire Tirana International Airport SHPK, the concessionary developer and operator of the capital airport of Albania. Upon closing of the deal, KDL will take over Tirana's airport concession until 2025 (with two years extension to 2027, pending for Albanian government's approval). Tirana International Airport passengers have increased from 600,000 in 2005 to two million in 2015. [more - original PR]