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Angkasa Pura I and WIKA will manage Terminal 4 of Kuwait International Airport

14 January 2020 17:22

JAKARTA. PT Angkasa Pura I (AP) I and PT Wijaya Karya (Persero) Tbk (WIKA) are working with a South Korean company, Incheon International Airport Corporation (IIACC), to manage terminal 4 of Kuwait International Airport.

Faik Fahmi, President Director of AP I, said that the cooperation will open up opportunities for the company to manage other airports, both in Indonesia and abroad, considering the fact that AP I is the leader in the consortium. 

"This is one of the company's strategies in developing its business," Fahmi said as reported by Kontan on Tuesday (14/1). 

Fahmi explained that the three parties had not yet decided on the investment scheme. However, it has been decided that AP I will have a 50% stake, followed by Incheon (30%), and WIKA (19%). (KR/AR)

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