A consortium led by Japanese real estate developer Mitsui Fudosan has inked an agreement with Japan’s Ministry of Land, Infrastructure, Transport and Tourism to manage Kumamoto airport.
The agreement commences 1 April 2020, and will span 33 years, with an option to extend up to a further 15 years.
Other members of the consortium include Kyushu Electric Power, ANA Holdings, Japan Airlines, as well as Japan Airport Terminal.
“This business will prioritise safe and reliable airport operations while aiming to contribute to the regions continued recovery from the 2016 Kumamoto earthquakes,” says a joint statement issued by the consortium.
The 11-member grouping hopes to make use of Kumamoto airport’s “geographical advantages” of being near East Asia, and its “abundant tourist draws” to increase traffic through the airport.
Cirium schedules data shows that Kumamoto airport has connections to five domestic cities, as well as three international cities, including Seoul and Kaohsiung.