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Turkish TAV Airports Holding continues talks on buying Kazakhstan’s Almaty airport

Transport Materials 10 January 2020 10:51 (UTC +04:00)
Turkish TAV Airports Holding continues talks on buying Kazakhstan’s Almaty airport

BAKU, Azerbaijan, Jan. 10

By Nargiz Sadikhova - Trend:

The negotiations on the purchase of Kazakhstan’s Almaty International Airport are still underway, a representative of TAV Airports Holding told Trend.

In Nov. 2019 it was announced that the consortium formed by Turkish TAV Airports (of which Groupe ADP owns 46.1 percent of the capital) and VPE Capital operating in Kazakhstan and Russia, has started discussions with the owner of Kazakhstan’s Almaty International Airport regarding the airport’s potential acquisition.

As noted then this operation fits into Groupe ADP and TAV Airports' development strategy in Central Asia.

In Nov. 2019 co-founder and CEO of TAV Airports Holding Sani Shaner said that the holding was looking to complete the acquisition of the Almaty International Airport in January 2020.

However as noted by the representative, it’s hard to name a definitive date, so hope is to finalize the agreement within the first quarter of 2020.

TAV Airports, one of the world’s leading airport operators, operates Antalya, Ankara Esenboğa, Izmir Adnan Menderes, Milas Bodrum and Gazipaşa Alanya airports in Turkey.

Tbilisi and Batumi airports in Georgia, Monastir and Enfidha-Hammamet airports in Tunisia, Skopje and Ohrid airports in Macedonia, Madinah Airport in Saudi Arabia and Zagreb Airport in Croatia are also operated by TAV Airports.

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Follow the author on twitter: @nargiz_sadikh

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