The Government of Jamaica has revealed the names of the entities short-listed as preferred bidders for the privatisation of Kingston’s Norman Manley International Airport (NMIA).
Those selected are Cedicor S.A. (Aeropuertos Argentina 2000 S.A.); Zurich Airport International AG and A-Port Chile S.A; Korea Airport Corporation Latin America and GK Capital Management Limited; China Harbour Engineering Company Limited (CHEC) and daa International Limited and Corporación Aeroportuaria del Este S.A.S (Punta Cana International Airport), Jamaica Producers Group Limited and GBG Energy S. de. R.L.
Two local companies – Grace Kennedy Group and Jamaica Producers Group Ltd – are part of two of the consortia shortlisted to participate in the process. Grace Kennedy will be part of the Korea Airport Corporation Latin America Consortium while Jamaica Producers will be part of the Corporacion Aeroportuaria del Este S.A.S Consortium.
Last week the government announced that five bidders were short-listed by the enterprise team. Their names were not disclosed then as they had not yet been informed.
The Request for Proposal will be issued to the entities in mid June, and Cabinet will announce the preferred bidder early next year.
The list of companies was determined, following an Invitation for Pre-Qualification which was launched in December 2014. That initial process was terminated and re-issued to effect an administrative modification.
The new prequalification document was issued on March 30, 2015 with a submission deadline of April 17, 2015.
Consequent on the evaluation of the applications received, these five firms were deemed eligible to participate in the Bidding Process.
NMIA is owned by the Airports Authority of Jamaica (AAJ) and is currently operated by the NMIA Airports Limited, a wholly-owned subsidiary of the AAJ. The International Finance Corporation (IFC), a member of the World Bank Group, is the Government’s Lead Advisor on the NMIA Public Private Partnership with the Development Bank of Jamaica, the GOJ’s Privatization Agency and PPP Unit, acting as co-advisors and Secretariat for the transaction.