TUZLA CANTON TUZLA CANTON GOVERNMENT Ministry of trade, tuorism and transport Tuzla International Airport Regional CARGO Center with Airpark Possibility.

TUZLA CANTON TUZLA CANTON GOVERNMENT

Ministry of trade, tuorism and transport

Tuzla International AirportRegional CARGO Center with Airpark

Possibility for investment in form of public-private partnership

Tuzla International Airport – regional CARGO center with Airpark

Why invest in this project: 1,200,000 citizens in region

siginificant economy and agricultural capacities (food production, large potential of drinking water, sport, recreative and health tourism, rich cultural and historical heritage)

existing airport infrastructure along with licence for international airport operator – capacity of airport is for much higher than current level of traffic

160 ha of land resources available

quality of airport approach path and good climate conditions

already invested around 70 million EUR of own funds

Tuzla International Airport – regional CARGO center with Airpark

What is expected from investor: Investment in form of any applicable model of public-private partnership for the purpose of:

- construction and development of CARGO center with Airpark

- improvement of existing airport infrastructure

- purchasing of airport equipment

- starting of new air routes

- opening of business zones within Airpark

- employment of additional workers at the airport

- new job openings within Airpark

- using 160 ha of land resources for the purpose of regional development

Market analysis:

providing of airport services to the international and domestic air companies,

opening of market to the LCC (Low Cost Carriers) air companies

creating preconditions for stationing of international CARGO air companies

export of organic food and drinking water

development of incoming and outgoing tourism

Tuzla International Airport – regional CARGO center with Airpark

Status of project: Project “Tuzla International Airport – regional CARGO center with Airpark” was in 2011. declared as a strategic project by Tuzla canton government

Preliminary project accepted in 2011. by Tuzla canton assembly

During 2011. project was presented to the interested economic entities on international conference in Tuzla

Project is currently in stage of seeking for adequate investor .

Tuzla International Airport – regional CARGO center with Airpark

Tuzla International Airport – regional CARGO center with Airpark

Total investment in project:

already invested in land, buildings, equipment and infrastructure around 70 million EUR

in operational expenses for airport and maintenance of existing infrastructure and equipment annualy is invested between 400.000 – 500.000 EUR

Funding sources:

own funds: own revenues and grant funds from owner

investor funds: 16 miliona EUR

Tuzla International Airport – regional CARGO center with Airpark

Međunarodni aerodrom Tuzla – regionalni CARGO centar sa Airparkom

Possible model of partnership:

Final details regarding percentages and structure of ownership will be a subject of negotation with investor

Planned project/investment timeline:

Within 4 year period from start of construction CARGO center should be fully in function.

Type of investor support expected from investor:

construction of CARGO center, improvement of exsisting infrastructure and purchasing of scarce equipment

Support from Tuzla Canton government in obtainment of required documentation, solving ownership issues, assistance in process of obtainment of required permits and approvals – project was declared as strategic by Tuzla canton government and assembly.

Tuzla International Airport – regional CARGO center with Airpark

Tuzla International Airport – regional CARGO center with Airpark

Investment options and profit forecasts according to IPSA SAVE study (scenario construction and modernization of airport until 2020.)

Scenario 1: for 16 millions EUR investment

Number of passengers transported: between 170 000 and 357 000, until 2020.

Amount of Cargo transported: between 23500 and 43700 tons, until 2020.

Number of handled aircrafts: between 6000 and 12 000, until 2020.

Expected rate of profitability ROI=22% (optimistic approach to estimate the accumulated profit of 66 millions EUR)

Tuzla International Airport – regional CARGO center with Airpark

Investment options and profit forecasts according to IPSA SAVE study (scenario construction and modernization of airport until 2020.)

Scenario 2: for 9 millions EUR investment

Number of passengers transported: up to 150 000, until 2020.

Amount of Cargo transported: between 7500 and 43000 tons, until 2020.

Number of handled aircrafts: between 4000 and 8000, until 2020.

Expected rate of profitability of ROI=11% (conservative approach)

Tuzla International Airport – regional CARGO center with Airpark

Company profile: Limited liability

Main activity: airport operator – providing services in aviation

Size of the company: SME

Market position: one of the key players

Annualy revenue: around 500.000 EUR

Structure of ownership: 100 % public

Year of establishment: 1998.

Number of employees: 40

Tuzla International Airport – regional CARGO center with Airpark

Contacts:

- Minister for trade, tourism and transport in TC government, Mustafa Isabegović

- Director of PE “Tuzla International Airport” Ltd, Esed Mujačić

- Bosnia and Herzegovina ,Tuzla Canton, Gornje Dubrave, 75270 Živinice

- tel: 00 387 35 270 013, 00 387 35 745 610- fax:00 387 35 270 014, 00 387 35 745 611

email: [email protected] email: [email protected]

www.mintts.tk.kim.bawww.tuzla-airport.ba