Enschede Municipality Twente Airport Public-Private Partnership

The Challenge

Regional Authorities & Municipality of Enschede have decided to involve the private sector in modernization and rehabilitation of the former military airport of Twente into a Commercial Airport capable of handling 1.2 million passengers by 2030. Being located in a 20 hectares (net) business park, the development plan included a new terminal, apron upgrade and expansion of the current runway.

Our Role

In cooperation with DHV and NACO, serving as the Transaction Advisor, InterVISTAS is to deliver all necessary services including  Air Traffic Forecast, Financial Due Diligence, Financial Advisory, and Design of the Concession Model, and is to carry out the Selection and Financial Closing process on behalf of the airport authorities. A 49-year concession contract is being design taking into account maximum utilization of the Business Park and The Airport jointly.

Results

The project was awarded in September 2010 and is expected to be completed in 2 years.