Tirana Airport


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Tirana Airport

  1. 1. Tirana Airport Partners Tirana International Airport “Nënë Tereza” 20 Year BOOT Concession
  2. 2. Welcome to Tirana International Airport 2005!
  3. 3. The Concession and the Company CHIEF EXECUTIVE OFFFICER COO ACCO CFO Business Development (SC&PM) STRATEGIC INVESTOR HOCHTIEF AirPort (47%) Financial Partner DEG (31.7 %), AAEF (21.3 %) ADMINISTRATIVE COUNCIL (4 members) Chairman of AC (HTA) PRIVATE INVESTORS GOVERNMENT OF ALBANIA Concession Agreement & Law
  4. 4. Milestones of the Concession COO 17 December 2002 Expression of Interest for BOOT Concession - Tirana International Airport“Nene Tereza” 3 March 2003 Submission of Expression of Interest (15 companies) May 2003 Prequalification of 4 Companies 15 January 2004 Declaration of the Preferred Bidder 16 February - 21 June 2004 Negotiations between GoA and TAP 15 October 2004 Signing of the Concession Agreement 23 April 2005 , 10:00 Commencement Date
  5. 5. Involved parties Ministry of Trans. & Telecom. Ministry of Economy Ministry of Finance Ministry of T. Adjust. & Tourism Ministry of Justice Ministry of Public Order Ministry of Defense Ministry of Foreign Affairs Parliament Tirana District Durres District Kruja District Nene Tereza SHA Presidency Center of Official Publications GDCA Bank of Albania Durres Municipality Tirana Municipality TAP HTA DEG AAEF HT ALPHA Bank ABA Bank City Bank Comm. Bank EBRD AIA Tonucci Trema Triss Kalo & Assoc. ICTS FM Supr. Durres Municipality General Directorate of Taxation General Directorate of Customs KPMG Del& Touch PWC DiWi Hin Tan More than 450 people gave their contribution for the Project Finalization Linklaters Sigal
  6. 6. Summary of the HTA led Acquisition Project <ul><li>Concession Agreement 22 versions </li></ul><ul><li>Contracts including Concession Agreement 389 contracts </li></ul><ul><li>Initialled Pages approx. 10250 pages </li></ul><ul><li>Signatures 700 </li></ul><ul><li>Total of people involved: </li></ul><ul><li>GoA 150 representatives </li></ul><ul><li>TAP & Shareholders 150 (Albanian and foreign staff) </li></ul><ul><li>Others 150 (Albanian and foreign staff) </li></ul><ul><li>Altogether 10 nationalities </li></ul>
  7. 7. Tirana International Airport 2007! New Passenger Terminal New Cargo Terminal New Access Road New Car Parking Lots New Circulatory Roads New Perimeter Road New and Improved Infrastructure & Utilities
  8. 8. The First Day of TAP, 23 April as of 10:00 <ul><li>The Concession Agreement grants Tirana Airport Partners usufruct status and management of: </li></ul><ul><ul><li>Aerodrome </li></ul></ul><ul><ul><li>Ground handling concession </li></ul></ul><ul><ul><li>Development Zone </li></ul></ul><ul><li>Initial establishment </li></ul><ul><ul><li>4 senior executives </li></ul></ul><ul><ul><li>10 local administration staff and </li></ul></ul><ul><ul><li>164 operations staff (63% of the earlier airport authority) </li></ul></ul><ul><ul><li>Total 178 Staff </li></ul></ul><ul><li>Commencement of the Concession coincided with: </li></ul><ul><ul><li>Start of summer season </li></ul></ul><ul><ul><li>Low cost Albanian airline start-up </li></ul></ul><ul><ul><li>UK DETR Security Ban </li></ul></ul><ul><ul><li>Elections leading to change of Government </li></ul></ul>
  9. 9. Commercially Driven Management TAP accomplished A Paradigm Change!
  10. 10. TAP as an Employer (April 2005) New Structure New Standards + Know How Better Salaries New Management Style Confidence Fair Employer Improved working conditions New Image of Albania Participant of new develop. Team Player Commitment of TAP and HTA Feeling supported Employee Perception TAP Offer
  11. 11. “ Feel Comfortable, Enjoy the ArtPort” An ArtPort Lounge in an airport, not an Airport Lounge!
  12. 12. From Albania with Love! Employees <ul><li>There are no small and big projects, only unique ones! </li></ul><ul><li>Concessions are complex projects and require integrity and understanding! </li></ul><ul><li>Start up Companies are not Established Companies </li></ul><ul><li>The Shareholding is in ALBANIA, ancient, warm and challenging! </li></ul><ul><li>Belonging to different cultures should not make a difference, but the difference. </li></ul>Environment Company & Shareholders
  13. 13. Thank you for your attention!
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