Investor Presentaiton
Opportunities to Foreign Investment in Kosovo
Problem identification (PIA)
The main issues surrounding the privatization of PIA are the following:
•
Expansion of the Prishtina Airport capacities
•
Increase the capabilities of this airport continuously
Analyses of the relevant facts (PIA)
Pristina International Airport is of strategic importance to Kosovo's economy and as the
country's only international airport, it serves as the Republic's primary gateway to the
rest of the world. In addition to being a vital component of Kosovo's transport
infrastructure, PIA is one of the busiest airports in the Balkans, serving 1.2 million
passengers and handling 14,000 aircraft operations in 2008. While it is evident that
Pristina International Airport can function adequately as a publicly owned and operated
enterprise, the Government of Kosovo seeks to ensure that the Airport meets its full
economic and operational potential, while simultaneously remaining competitive with
other airports in the region. For this reason, and on the basis of an investment grade
feasibility study prepared by Netherlands Airport Consultants B.V. ('NACO') and Innova
Aviation Consulting LLC ("Innova"), on June 12, 2009, via Government Decision 05/68,
the Government of Kosovo formally authorized proceeding with a Public-Private-
Partnership for the operation and expansion of Pristina International Airport. The Project
is envisioned to take the form of a 20-year Design-Build-Finance-Operate-Transfer
(DBFOT) contract and will involve the operation and maintenance of Pristina
International Airport, as well as the design, construction, and financing of required
infrastructure improvements. Limak - Aeroports de Lyon was awarded the contract on
August 12, 2010 after they offered the Government of Kosovo an average 39.42% of
gross income in exchange for the right to operate the Airport.
On February 7th, 2011 the process of executing the agreement between the Government
of Kosovo and Limak Kosovo International Aiport JSC (LKIA) for the transfer of
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