OREANDA-NEWS. November 19, 2013. The know-how in service and the management of commercial facilities of Incheon Airport received high recognition by Indonesian Airport through increasing the existing commercial profit tree times.

Incheon International Airport Corporation has signed a three-year contract with Indonesian Airport Corporation 1 which estimated to bring about 4 million UD to consult about airport’s commercial facilities’ development and the improvement of service. The local corporation was also established to provide counseling regarding the airport management.

Indonesian Airport Corporation 1 is a state-owned enterprise of Indonesia tasked with operating a total of 13 airports in Indonesia including the Surabaya Airport in the Island of Java and the Bali Airport in the Island of Bali. This corporation has applied the consulting advises of Incheon Airport Corporation to win the contract for commercial facilities in Surabaya Airport Terminal 2, which is planned to be open in November of this year.

Incheon Airport Corporation has co-jointly participated in the whole process including the writing of request for proposal (RFP) for selection of business partners, evaluation and negotiation. As a result, as much as 51.7 billion KW in total of commercial profit is secured for the following 5 years, which means it will be increased on 356% comparing to the existing one.
It is expected that by succeeding in winning the contract in the future Surabaya Airport will be the most profitable in terms of earnings for leasing among all the airports managed by Indonesian Airport Corporation. This became the opportunity for Incheon Airport to prove its capability to consult.