Bangalore boot airport

Article Abstract:

The Indian government may award the contract for the construction of Bangalore international airport to Airport Authority of India if developers are not willing to agree to a build-own-operate-transfer contract. It is keen to promote such contracts, and believes that an airport is linked with national interests, and therefore cannot be handed over to the private sector. Some observers fear that this stance may have a negative impact on foreign investors' perceptions of India. Indeed, this project is now being seen as a test case.

Foreign investments, India, Buildings and facilities, Bangalore, India

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Greece's first BOT project takes off

Article Abstract:

Greece's first BOT contract has been signed with Hochtief AG of Germany for the construction of a new international airport for Athens at Spatia. The airport is expected to open in 2000 and will become a hub for Southeast Europe and the eastern Mediterranean. The Athens airport company which has been set up to build and operate the facility will be 45% owned by Hochtief.

Hochtief AG

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Lebanon to issue airport tenders

Article Abstract:

Tenders for the development of two civilian airports and free zones in Lebanon are to be issued in August 1998 by the Investment Development Authority of Lebanon (IDAL). The projects are planned on a built-operate-transfer basis with annual capacities of 1 million passengers and 200,000 tons of cargo. The airports will be built on the site of existing military airports.

Lebanon

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