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French ADP Group takes control of Jordan’s Queen Alia airport

Staff Writer | April 21, 2018
Groupe ADP, through its 100%-subsidiary ADP International, has finalized the transaction for the ownership of 51% of the capital, and the exclusive control of Airport International Group (AIG), concessionary of Queen Alia International Airport (QAIA) in Amman, Jordan.
Queen Alia
Air traffic   12 million passengers
The new co-shareholders with which Groupe ADP invests are the infrastructures investment funds Meridiam and IDB Infrastructure Fund II. Edgo, already present, remains co-shareholder.

Groupe ADP’s investment stands at $265 million. With this operation, Groupe ADP, already shareholder of AIG with a 9.5%-stake will fully consolidate the financial accounts of the concessionary firm.

Operator of QAIA since the beginning of the concession (25 years) in 2007, Groupe ADP has contributed to the performance and growth of the airport over the last ten years.

Since 2007, traffic has been growing in average by 6.5% per year and a new terminal was built in 2013, then extended in autumn 2016, raising the airport capacity to 12 million passengers.


 

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