The deadline for potential concessionaires of Zagreb’s Pleso airport to submit their proposals has been extended once again, the daily 24 Sata writes.
The Ministry of Sea, Transport and Infrastructure said that the reason for the second extension is to give enough time to those interested to submit all required documents. The reason for the first extension, according to the Ministry, was a large number of interested parties.
Croatian media reported however that the deadline may have been pushed back to give a favoured American company Houston Airport Systems (HAS) more time to fulfil the criteria.
The construction of the new terminal valued at 198 million Euros seems to be too expensive for potential concessionaires, who in addition would need to pay concessionary fees. The new deadline extension and the Ministry's explanation that lowering of the value of the investment would increase the bank's interest to lend funds for the project, hint that the current model may not be cost-effective.
The Ministry may be looking for ways to lower the construction costs to about 150 million Euros, the daily writes.
Some say that concessionaires are careful regarding the investment's value because of Pleso's recent numbers. The airport has recently established lower service rates, which has resulted in a revenue drop of 5.4 per cent (seven million kunas or 949,000 Euros loss) despite an 11 per cent increase in traffic.
The Ministry of Sea, Transport and Infrastructure said that the reason for the second extension is to give enough time to those interested to submit all required documents. The reason for the first extension, according to the Ministry, was a large number of interested parties.
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Croatian media reported however that the deadline may have been pushed back to give a favoured American company Houston Airport Systems (HAS) more time to fulfil the criteria.
The construction of the new terminal valued at 198 million Euros seems to be too expensive for potential concessionaires, who in addition would need to pay concessionary fees. The new deadline extension and the Ministry's explanation that lowering of the value of the investment would increase the bank's interest to lend funds for the project, hint that the current model may not be cost-effective.
The Ministry may be looking for ways to lower the construction costs to about 150 million Euros, the daily writes.
Some say that concessionaires are careful regarding the investment's value because of Pleso's recent numbers. The airport has recently established lower service rates, which has resulted in a revenue drop of 5.4 per cent (seven million kunas or 949,000 Euros loss) despite an 11 per cent increase in traffic.
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