Seven tentative bids for Montenegrin airports
NEWS FLASH
The Montenegrin government has received seven bids in the first of two tenders for the thirty-year concession of its two international airports - Podgorica and Tivat. The first pre-qualification round required interested parties to apply in order to demonstrate their intent. Those applying included South Korea’s Incheon International Airport Corporation, GMR from India, Turkey’s Limak Holding, Corporation America Airports from Luxembourg, as well as three consortiums made up of Cengiz & Copenhagen Airports; the Groupe ADP Consorcium - TAV; and DAA International - Bouygues Batiment International - Marguerite - TIIC. Currently, Groupe ADP - TAV jointly run Zagreb Airport, Limak Holding operates Pristina Airport as part of a consortium and TAV also manages Macedonia’s international airports on its own. Incheon International Airport Corporation has previously bid for the concessions of both Zagreb and Belgrade airports, making it to the final round in both cases, while India’s GMR was also a finalist in the race for Belgrade Airport’s concession.
The tender commission will now evaluate each bid to determine if they meet all the necessary requirements set out by the Montenegrin government. It will then launch a second tender for the submission of final bids. The signing of the concession agreement is expected in March 2020.
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