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South Korean company ranks first in concession bidding

Podgorica, (MINA-BUSINESS) – South Korean company Incheon International Airport Corporation (IIAC) has been selected as the top-ranked bidder for the concession of Montenegro’s airports.

The Ministry of Transport published today the ranking list of bidders in the concession award process.

According to the ranking, IIAC is in first place with 96.18 points, while Luxembourg–American Corporacion America Airports (CAAP) is ranked second with 65.15 points.

Bidders have the right to file a complaint with the Concessions Commission within 15 days from the publication of the ranking list.

The Ministry of Transport also stated that, in accordance with the Law on Concessions, bidders may inspect the documentation within eight business days from the date of publication of the ranking list, upon written request.