11-Oct-2010 12:44 PM

Incheon International Airport privatisation to be delayed

South Korea's Government may reportedly delay the privatisation of Incheon International Airport until 2011 due to delays in the revision of related laws (Yonhap, 11-Oct-2010). A government official stated: “The sales possibly may not take place this year, as the Bill to rewrite the law on Incheon International Airport is still pending in the National Assembly.” He added the delay will not affect the government’s plan to list a 15% stake of the airport on the Seoul exchange as part of the privatisation process.