Adani eyes real estate, hospitality business window in JKIA bid

JKIA

Passengers exit the International Arrival Terminal 1A at Jomo Kenyatta International Airport, Nairobi, on November 7, 2023.

Photo credit: File | Nation Media Group

Airport operations may be only the start of Adani Group’s ambitions for Jomo Kenyatta International Airport, with the Indian firm’s $1.85 billion (Sh238.52 billion) bid to take over its management including plans to develop commercial real estate and hospitality businesses.

Adani Airport Holdings, a subsidiary of the Indian conglomerate controlled by Gautam Adani, one of Asia’s richest men, made a privately initiated proposal to the Kenya Airports Authority (KAA) to run the airport under a 30-year concession.

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