Adani Group to Take Over Jomo Kenyatta International Airport Amidst Parliamentary Concerns.

Aug 31, 2024 - 12:17
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Adani Group to Take Over Jomo Kenyatta International Airport Amidst Parliamentary Concerns.

Jomo Kenyatta International Airport (JKIA), the busiest hub in East Africa, is slated to come under the operation of Indian-based Adani Group Holdings starting this November. This transition follows a period of six months of behind-the-scenes negotiations, as disclosed by recent insider sources and meetings.

This development arrives amidst increased scrutiny from Kenyan lawmakers. Members of Parliament have demanded a pause on the negotiations with Adani Holdings until the specifics of the deal are fully disclosed. They have also voiced strong objections to the National Treasury’s decision to absorb Kenya Airways' debt of Sh83.1 billion, effectively transferring the financial responsibility to taxpayers.

On Wednesday, the Public Debt and Privatisation Committee criticized Treasury Principal Secretary Chris Kiptoo for his lack of detailed responses regarding the deal. When pressed about the proposed 30-year handover of JKIA to Adani Group, Kiptoo provided only a brief reply.

With the takeover date nearing, debates continue over the transparency and potential impacts of this significant transition on Kenya's national interests and fiscal obligations.

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