Companies bid for Ota .jpg

Companies bid for Ota

CONSTRUCTION OF the new international airport at Ota and the privatisation of Aeroportos de Portugal (ANA), are generating huge interest from both national and international construction and airport management companies.

A number of companies are already looking at possible future partnerships as they await more concrete details on the valuation and privatisation of ANA, the terms of the contract and duration of the concession, regulatory model and access routes, which all should be decided by June or July.

So far, national construction companies interested in bidding for the project include Soares da Costa, Teixeira Duarte, Brisa, Mota Engil, Banif, Siemens Portugal and international companies Ferrovial, Fraport and Macquarie.

Global

“The 3.1 billion euro project can not just be seen in national terms, but should be viewed on a global level,” said the vice-president of the national association of public works contractors (ANEOP), Manuel Agria, who added that “many companies have shown an interest in the project with European banks prepared to finance it”.

Teixeira Duarte, which has already showed an interest in the project, is still evaluating if its eventual participation should be confined to constructing the airport or entering into a consortium with strategic partners.

Spanish-based company, Ferrovial, the world leader in airport management, is also extremely interested. It bought the UK’s British Airports Authority (BAA) in 2006.

Equally, the German company, Fraport, is also following the privatisation of ANA with extreme interest. It already operates many of Germany’s key airports including Frankfurt.

Australian group, Macquarie, has interests in running airports at Brussels, Copenhagen, Rome and Sydney and is also showing an interest in Portugal.

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