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Banjul & Yundrum Airport, Transaction Advisor, The Gambia

Project: Banjul & Yundrum Airport, Transaction Advisor, The Gambia
Completion Date: 2006
Client: Gambia Investment Promotion and Free Zones Agency
Services Provided: Financial analysis; Concession agreement design and strategy; Bidding and negotiation; Finalization of the concession agreement.
Project Size: Phase 1: 8.8ha ; Overall area: 200ha

Project Description

Gambia Investment Promotion and Free Zones Agency (GIPFZA) appointed SIDC as a transaction adviser to advise and assist the agency in finding, negotiating with, and concluding a concession agreement with a qualified developer/ manager for the Yundum Airport Free Zone and Business Park in accordance with current best international practice. This appointment is based on the assumption that a suitable person can be found. This developer/ manager would lease the land and new industrial units from GIPFZA, ensure the proper development and management of the park, and promote it nationally and internationally, with the assistance of GIPFZA. The developer/ manager would also finance the future extension of the park.

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