Airport operators are to review JKIA’s takeover of Adani.
The board of the Kenya Air Operators Association (KAAO) has requested a full review of the $1.85 billion (about Ksh239 billion) purchase of Jomo Kenyatta International Airport (JKIA) by Adani Holdings.
KAAO said in a statement on Wednesday that the bidding process for public-private partnerships did not meet the necessary criteria and violated the provisions of the PPP Act.
They also said that the risk involved in taking over JKIA was too high and a competitive bidding process should be used to find the right investor..
In part, the Board expressed their belief that a clear end goal for Kenya must be established through an implementation of National Aviation Policy and drafting if necessary JKIA masterplan.
As per KAAO’s statement, the decision will be crucial in making JKIA a top-tier aviation hub and enabling its entry into regional markets.
Prior to Adani’s approval, there was a question mark regarding the lack of prior stakeholder involvement in the takeover.
The court has halted all further action on the proposed lease of JKIA to Adani until a case lodged by the Kenya Human Rights Commission (KHRC) and the Law Society of Kenya (LSK) on September 9 blocking the deal is resolved.
It is up for mention on October 8..
Airline workers will be protesting on September 11, as the government agrees that workers will have rights over the Adani contract, so no contract will be signed unless it comes in with the green light.
Official documents of Adani’s proposed contract have been sent to airline workers at their request, and they will have 10 days to raise their concerns if necessary.
Adani is also involved in a Ksh.94 billion contract with the Kenya Electricity Transmission Company to build 422 kilometers of power lines in the country..
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