This autumn, Lithuanian Airports is to hold its first Investor Conference where potential investors and interested parties will be introduced to the concept and structure of the Lithuanian Airports Concession. The event, to be held at Vilnius Airport on 21 st September, will be hosted by the Lithuanian Ministry of Transport and Lithuanian Airports.

Following the Lithuanian Parliament’s approval of the legislation package connected to the airport concession, preparation for the project is now well underway, and is being coordinated by project consultants InterVISTAS. 

InterVISTAS was selected In May to provide consultation on the structuring and implementing of Lithuanian airport concession procurement.

Interested parties are kindly invited to register for the event before 19 th September 2016 by writing to Rita Bagdonaite at r.bagdonaite@ltou.lt.

In early June, we reported that the Lithuania’s Parliament has approved a legislation package that will facilitate the concession of the country’s international airports as a PPP project. The new legislation, adopted on June 2, enables the launching of a bundled concession tender for Lithuania’s three international airports.

Lithuanian Airports operates a network of three international airports: Vilnius, Kaunas and Palanga. Combined, more than50,000 flights serving over 4.2 million passengers (3.3 million in Vilnius, 0.74 million in Kaunas and 0.15 in Palanga) passed through the airports in 2015.

The full investment program of all three Lithuanian airports is set at approximately €250 million (US$288.5 million).