Wednesday, July 16, 2014

Investors in Norman Manley Airport privatisation given end of month deadline

Investors have been given until the end of  the month to submit expressions of  interest in the privatisation of Jamaica’s Norman Manley International Airport.Written submissions should be made to the Development Bank of  Jamaica (DBJ) by 6pm July 30. According to a notice from the DBJ, the Transport Ministry is trying to find a private sector operator with experience in the aviation sector to operate, finance, develop and maintain Norman Manley International under a long term concession agreement.IFC, a member of  the World Bank Group, has been appointed lead advisor on the structuring and implementation of  the project. Interested parties will have the opportunity to participate in  investor conferences. The one-on-one meetings will discuss feedback on the airport project. One of  the conferences will take place in London on July 21 and 22 and the other in Kingston on July 28 and 29.The development of Norman Manley International Airport is in keeping with Jamaica’s Global Logistics Hub Initiative.


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Investors in Norman Manley Airport privatisation given end of month deadline