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Internationally experienced companies invited to tender for partnership in a joint venture with RIGA International Airport

The tender committee will now select a winner who will be awarded the opportunity to participate in a joint venture with RIGA International Airport for infrastructure development.

The following companies have been shortlisted for participation in the tender procedure:

  1. AERIX Consortium established by the companies Aecon Concessions, Africa Israel Investments Ltd, AFI Europe N.V., Morgan stanley Infrastructure Inc. And SAVE Aeroporto di Venezia Marco Polo S.p.A;
  2. GMR Infrastructure Limited registered in India and quoted on the Mumbai Stock Exchange; GMR is a leading Indian infrastructure developer with total assets of USD 6.5 billion;
  3. Hochtief AirPort GmbH is one of the world's leading private independent airport management companies holding shares in the airports at Athens, Budapest, Dusseldorf, Hamburg, Sidney and Tiran;
  4. consortium established by Siemens Project Ventures GmbH, Grupo Soares da Costa SA” (SGPS), and Aureus Kapitāls AS”;
  5. Consortium of TAV Havalimanlari Holding AS” and SKONTO BŪVE. TAV is the largest airport operator in Turkey established in 1997. TAV provides intergrated airport services including supervision, financing and airport construction projects.

The goal of this tender is to select a partner or a consortium with which RIGA International Airport will establish a joint venture according to a public-private partnership principle provided that this partner makes most economically advantageous offer for fast and efficient implementation of the airport development project. Therefore the partner is expected to finance and manage the RIGA Airport development project, supervise construction of airport objects and maintain and operate all the airport infrastrucutre.

The tender takes place in two stages: At the first stage the applicants were invited to express their interest and shortlisted for the tendering process to select a partner for an infrastructure development joint venture with RIGA International Airport.

The second stage of the tender is scheduled to continue for five months. The contract will be signed within 90 days following announcement of the winner of the tender. Thus the actual infrastructure development activities will start in June 2009.

"The tender requirements set very high criteria for all the applicants, including very clear and transparent rules of the game. We are satisfied the tender has attracted great interest of foreign and local partners," said Krišjānis Peters, Chairman of the Board of RIGA International Airport.

Riga International Airport infrastructure development includes the 5th and the 6th stage. Actually it means construction of an entirely new airport integrating the existing RIGA Airport facilities into a single architectural complex.

At the 5th and 6th development stage of RIGA International Airport an approximately 500 metres long aircraft terminal will be built with 23 piers in the northern direction, while the existing terminal (the airport building) will be reconstructed to create a whole new architectural entity.

The infrastructure development project is based on the future development concept of RIGA International Airport. Already on 26 July 2007 the Council of the airport unanimously passed the decision to approve SJSC RIGA International Airport development programme for handling of 20 million passengers per year, in cooperation with the architectural company SIA Projektēšanas birojs ARHIS who designed an appropriate project.