Tread with care in JKIA, Adani deal to avoid mega project woes

JKIA

Passengers exit the International Arrival Terminal 1A at Jomo Kenyatta International Airport, Nairobi, on November 7, 2023.

Photo credit: File | Nation Media Group

News of a possible $1.85 billion investment agreement between Adani Airport Holdings Limited and the government to develop and modernise Jomo Kenyatta International Airport (JKIA) has recently sparked excitement and debate in the aviation industry.

Given Kenya’s current economic woes, the possibility of large foreign investment in our infrastructure is certainly alluring, but it is important to approach this transaction critically.

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