Just a little-known American firm with hyperlinks to figures near US President Donald Trump has submitted an initiative proposal regarding the potential concession of Sarajevo Airport. The proposal was reportedly submitted to the Authorities of the Federation of Bosnia and Herzegovina by AAFS Infrastructure Vitality LLC, a comparatively new agency registered in the USA, which has in latest weeks expressed curiosity in a number of infrastructure initiatives within the nation.
In accordance with particulars revealed by native media, the corporate has outlined a plan to take over the operation of Sarajevo Airport below a long-term concession settlement. The proposal reportedly envisages a thirty-year concession interval with the potential for an additional twenty-year extension, throughout which the investor would undertake infrastructure upgrades and broaden the airport’s services. Plans mentioned within the proposal embody the modernisation and enlargement of the passenger terminal, enhancements to the apron and runway infrastructure, in addition to the event of cargo capabilities.
The initiative reportedly consists of an funding package deal valued at round 250 million euros, with the concessionaire committing to extend passenger capability and enhance operational effectivity on the airport. Sarajevo dealt with a file variety of passengers final yr and has skilled sustained development over the previous a number of seasons, with the investor aiming for the airport to deal with between three and 4 million passengers yearly. The proposal additionally reportedly features a monetary mannequin below which the concessionaire would pay round 1% of annual income to the federal government, in addition to 7% of EBITDA (Earnings Earlier than Curiosity, Taxes, Depreciation and Amortisation) as a variable element. Nevertheless, it will not embody a concessionaire charge.
Regardless of the headline figures, the initiative is presently solely at a preliminary stage and doesn’t characterize a proper concession tender. Authorities within the Federation of Bosnia and Herzegovina are anticipated to assessment the proposal to find out whether or not there’s ample public curiosity to pursue a concession course of for the airport. Any potential concession would finally require a proper worldwide tender.
