Infrastructure
Sector | Infrastructure |
Sub-sector | Transport |
Location | Japan |
In March 2011, the airport was severely damaged by the Great East Japan Earthquake and tsunami after which time, the Japanese government was looking for a bidder to revitalise and operate Sendai Airport.
Combining our global network of infrastructure experience in airport privatisation and our local expertise, we were able to deliver tactical bid advice to maximise competitiveness in this landmark transaction.
We provided a range of services throughout including valuation, due diligence, management of the bidding process and strategy, as well as business development planning.
Outcome
Sendai Airport was the first airport in Japan to go private, marking a significant milestone in the country’s history of its development in public-private partnerships in infrastructure.
The revitalised airport has seen its complete recovery from the impacts it suffered from Great East Japan Earthquake with improved amenity and efficiency. The airport is now a central transportation hub in north-eastern Japan, connecting over three million passengers1 annually to the Tohoku region’s year-round destinations and vibrant tourism.
ever airport privatisation in Japan
price for the concession rights
total concession period
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