Adani Group submits investment proposal for Nairobi airport upgradation
Kenya Airports Authority (KAA) on Wednesday said it has received an investment proposal from the Adani Group for the upgradation of the airport in Nairobi.
The investment proposal under the public-private partnership has been submitted by Adani Airport Holdings Ltd (AAHL) for Nairobi's Jomo Kenyatta International Airport (JKIA).
Currently, AAHL manages seven airports in India and is also developing the Navi Mumbai airport.
In a statement, JKIA Managing Director and Chief Executive Officer Henry Ogoye said the proposal came following the Kenyan government approving a medium-term investment plan for the upgradation of the passenger terminal building, runway, taxiway and apron at the Nairobi airport.
"Kenya Airports Authority (KAA) received an investment proposal under the Public Private Partnerships Act 2021 from the Adani Airport Holdings Limited, a key airport operator, to invest in a new passenger terminal building, second runway and refurbishment of the existing facilities at JKI