Indian infrastructure firm Adani Airports Holdings has proposed a comprehensive $1.85 billion (Sh240 billion) overhaul of Jomo Kenyatta International Airport (JKIA) in Nairobi.
The ambitious plan, revealed, aims to transform JKIA over the next 30 years. Central to Adani’s proposal is a request for a 30-year concession to operate the airport, during which they would pay the Kenya Airports Authority (KAA) a fixed annual fee.
According to the proposal, Adani plans to pay KAA Sh6 billion annually for the first five years. This fee would increase to Sh6.7 billion by 2035 and continue to rise, reaching an estimated Sh9.8 billion by the end of the concession period.
