Posted by meb at May 22nd, 2007

Having purchased the operating rights for Enfidha and Monastir airports in Tunisia for 40 years, the TAV will make investments totaling $400 million. Following Georgia, TAV will operate two airports in Tunisia. TAV is planning to increase the annual passenger capacity of Enfidha Airport from 7 million to 22 million. The statement sent by TAV Airports Holding Co. to the İstanbul Stock Exchange (İMKB) said that TAV made the highest offer in the Tunisia Enfidha and Monastir Airports operation rights tender on March 16, 2007. The statement also added that following the tender the company decided to set up a company under the title TAV Tunisie SA. TAV signed a privilege agreement regarding the Tunisia Enfidha and Monastir Airports on May 18. under the agreement signed in Tunisia, the operation rights of the Monastir Habib Bourguiba Airport will be assumed on January 1, 2008, and the rights for Enfidha Airport will be assumed by October 1, 2009 at the latest following the completion of investment. The privilege duration for both airports will last until May 2047.

source: The New Anatolian

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