10-Oct-2016 12:23 PM
China Everbright Ltd acquires 100% of the shares in Tirana International Airport
China Everbright Ltd, a financial services/fund investor based in Hong Kong, acquired (07-Oct-2016) 100% of Tirana International Airport (TIA). AviAlliance GmbH, Deutsche Investitions- und Entwicklungsgesellschaft and the Albanian-American Enterprise Fund were responsible for TIA's development since 23-Apr-2005. China Everbright Ltd executive director and CEO Chen Shuang said: "The acquisition is a proactive corporate approach to identify good infrastructure investment opportunities, which is in line with China's 'One Belt, One Road' Initiative. It also signs the first move of China Everbright Overseas Infrastructure Fund which is in the process of establishing". [more - original PR]