BALI INVITES BIDS FOR 2ND AIRPORT

BALI INVITES BIDS FOR 2ND AIRPORT

Indonesia’s largest tourist island Bali wants to build a second airport to double tourist intake from 10 million a year now to 20 million by 2025. The current airport has only one runway and may reach full capacity in as little as five years.

The island’s government is inviting local and foreign investors to build the second airport and the Indonesian government has stressed that private foreign investors can own up to 49 percent of the project.

GCR reported that Agus Santoso, a Transport Ministry director in charge of overseeing Indonesia\'s airports, had said some investors have already carried out feasibility studies, but none has expressed strong commitment to proceed.

 

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