DELFI / Kiril Čachovskij
The Seimas adopted the Lithuanian airports concession law on Thursday which establishes the legal and organizational conditions for the concessions for the country’s international airports.
The concession will be granted through an open public tender and the concessionaire will have to assume full economic risk.
The legislation provides the legal basis to grant the concession holder permission to carry out economic commercial activities related to airport infrastructure design, construction, extension, renewal, modification, repair, management, use and (or) supervision, to provide public services, as well as to manage and (or) use of state property in Vilnius, Kaunas and Palanga airports.
Under the new law, the decision on airport concession project implementation will be taken by the government upon approval of the Seimas.
The airport infrastructure will remain in public ownership.
15min.lt
Kęstutis Budrys, the President's Senior Adviser, who has been nominated for the post of Minister…
In the heart of Bulgaria, the city of Plovdiv reveals a rich tapestry of ancient…
"We can shout very loudly, but it won't change the position of the American people,"…
From mocking messages flooding social networks to harsh criticism from political experts, the decision of…
Republic Day has been celebrated in Kazakhstan as the main national date since 2022, giving…
According to Lrytas.lt, the North Atlantic Treaty Organisation (NATO) faces a new geopolitical reality with…