You are here

CAI consortium wins bid to operate Fukuoka Airport

A consortium, which includes Changi Airports International (CAI), has won a bid to operate Fukuoka Airport, starting from April 1 next year.

Fukuoka Airport HD Group has entered into a basic agreement with Japan’s Ministry of Land, Infrastructure, Transport and Tourism to operate Fukuoka Airport for a 30-year period. The duration can be extended up to a maximum of 35 years.

The consortium, which is led by Fukuoka Airport Holdings, also comprises Nishi-Nippon Railroad, Mitsubishi Corporation, CAI and Kyushu Electric Power.

In a release on Tuesday, Fukuoka Airport HD Group said: “As the operator, the consortium will facilitate the revitalisation of the airport and its surrounding areas, and unlock its potential as a key transport hub in the region, with the long-term aim of stimulating Kyushu’s economy through trade and business activities.”

sentifi.com

Market voices on:

It highlighted its commitment to safe and secure airport operations, adding that it will leverage the airport’s centre city location as well as its geographical proximity to East and South-east Asia.