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.