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GraceKennedy reconsiders Norman Manley International NMIA bid


Don Wehby, group CEO GraceKennedy Ltd, indicated Monday that the company’s subsidiary, GK Capital Ltd, is currently in the process of evaluating the revised terms on offer for the Norman Manley International (NMIA ) Public-Private Partnership (PPP).

The Government of Jamaica, through the Ministry of Transport and Mining, is seeking a private sector operator to operate, finance, and develop the NMIA under a long-term concession agreement. The selected party is expected to complete the modernisation of the airport, which is the second largest in Jamaica.

It is the GOJ’s second attempt to do so. In early 2015, the companies which pre-qualified under its first offer were: Cedicor SA (Aeropuertos Argentina 2000 SA); Zurich Airport International AG and A-Port Chile SA; Korea Airport Corporation Latin America (KACLA) and GK Capital Management Ltd; China Harbour Engineering Company Ltd, and DAA International Ltd and Corporación Aeroportuaria Del Este SAS del Este SAS (Punta Cana International Airport), Jamaica Producers Group (JPG) Ltd and GBG Energy S de RL.

However, none submitted a final bid. Wehby told the Jamaica Observer that the subsidiary is considering submitting its bid for prequalification for a second time. The prequalification application submission deadline is on April 3.

Published in the Jamaica Observer
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