12 April 2016
Tirana International Airport may be sold to a state owned Chinese company, according to the Executive Director of TIA, Rolf Castro-Vasquez. The head of the concessionary company that manages the “Mother Theresa” airport says that China Everbright Limited has shown interest in buying the company and that the sale negotiations have started.
In 2004, the Albanian government and Tirana International Airport consortium signed a concessionary agreement for the design, the construction, the management and the development of Mother Theresa international airport by TIA.
In March of this year, the Albanian government and the TIA agreed in cutting the exclusivity of TIA for international flights from Albania due to the government’s plans in opening the Kukes Airport. In exchange, the government extended the concessionary agreement with 2 more years, until 2027.
The main stakeholders of Tirana International Airport are two German companies (DEG with 31.7% of the shares and AviAlliance GmbH with 47% of the shares) and the Albanian-American Enterprise Fund which owns 21.3% of the shares.
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