Home Press Releases Lithuanian airports bring in consultants to assist in the concession project

Lithuanian airports bring in consultants to assist in the concession project

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Last week Lithuanian airports announced a public tender regarding the advisory services for the concession project. The consultant is expected to advice on all financial, tax, legal and technical issues arising in the drafting of the concession project. It is planned that Lithuanian airports will commence work with the selected consultant from Lithuania or abroad starting with January next year.

The consultant will draw up the required concession tender documentation which is planned to be launched in the middle of 2016. It is sought that in the project important to the country’s air gateways the services would be provided by a qualified and experienced team of 11 persons – project manager, airport infrastructure development expert, legal experts in airport concession projects, legal experts in infrastructure projects, financial experts, technical experts and transport infrastructure development expert.

“Lithuanian airports, in particular Vilnius Airport, will soon reach the limit of the passengers handled; therefore, to exploit and expand the available potential and to service even more passengers as well as to attract new airlines, we need a private investor. We are carefully preparing for a concession and looking for competent partners. We wish to have experts experienced in the management of important and large-scale projects that would assist us throughout all stages of the project,” said Eugenijus Kaziliunas, Head of Airport Network at Lithuanian Airports.

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