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Kamis, 16 Juli 2020 19:32

AP II Issued Final Request for Proposal to Prospective Strategic Partners for Kualanamu Airport

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PT Angkasa Pura II (Persero) has issued a Final Request for Proposal (RfP) to prospective strategic partners for Kualanamu International Airport, North Sumatra, on Tuesday (14/7).

The final RfP that was published at the same time amended, revised, and published RfP which was issued on February 10, 2020 and revised on June 3, 2020.

Through this Final RfP, Angkasa Pura (AP) II invited potential strategic partners to take part in the auction process in the management of the operation and development of Kualanamu Airport.

Later, AP II and its strategic partners will become shareholders in PT Angkasa Pura Aviasi, which is the manager of Kualanamu Airport. PT Angkasa Pura II holds a 51% stake in PT Angkasa Pura Aviasi, while a strategic partner is 49%.

Muhammad Awaluddin, President Director of Angkasa Pura II, said that the company along with strategic partners would invest, develop, improve facilities, and make improvements to Kualanamu Airport in a period of 25 years.

"Angkasa Pura II is looking for a global-class strategic partner to jointly advance and enhance the development of Kualanamu Airport," Awaluddin said.

This strategic partner is needed to help Kualanamu Airport to reach 3E, namely Traffic Expansion: increasing international flight traffic, Sharing Expertise: Sharing expertise in managing world-class airports, and Equity Partnerships: Fulfilling quickly the need for assistance through strategic partnerships.

"Together with strategic partners, we believe Kualanamu Airport can build a strong network to position it as an international hub in western Indonesia with a variety of supporting infrastructure," he said.

Moreover, the excess priority of this strategic partnership can bring in Foreign Direct Investment (FDI) to Indonesia, consisting of capital expenditure commitments and advance payments from strategic partners.

Armand Hermawan, Director of Transformation & Strategic Portfolio of AP II said, the announcement of the winner of the auction would be made on December 23, 2020.

"Angkasa Pura II becomes a 51% shareholder in PT Angkasa Pura Aviasi so that it retains control in relation to the development and management of Kualanamu International Airport," Armand added.

Capital Expenditures

The development that will be carried out by AP II and strategic partners in Kualanamu, including increasing passenger capacity from the current 9 million passengers / year to 17 million passengers / year (Phase I), 30 million passengers / year (Phase II), and 42 million passengers / year (Phase III).

"In the Phase I development, required capital expenditure (capex) is more or less Rp3 trillion, of which 49% or around Rp1.4 trillion is the obligation of strategic partners," Armand said. As for Phase III, the total capital expenditure needed for development amounted to IDR 12 trillion.

In addition to expanding terminal capacity, Kualanamu development also leads to the concept of Aerotropolis with various commercial buildings on 200 hectares of land, including theme parks, logistics parks, factory outlets, maintenance repair & overhaul (MRO) facilities, as well as trade complexes. (hlz/hlz)