Motiva enters binding proposal phase for its airport assets

Motiva enters binding proposal phase for its airport assets

Motiva, a leading airport operator, has entered the binding proposal phase for its airport assets. The company is set to receive bids from international consortia for the development of Baghdad International Airport under a public-private partnership (PPP) model. This move follows a competitive bidding process that has seen ten international consortia shortlisted to submit proposals .

The binding proposal phase is a critical step in the project's lifecycle, where selected consortia will submit detailed financial offers and operational plans. The winning consortium will be tasked with rehabilitating the airport's infrastructure, building a new passenger terminal, and undertaking operations and maintenance for a 25-year concession period. The financial offers are due to be opened on October 16, 2025 .

Motiva's decision to enter this phase is part of its strategic effort to modernize and expand its airport infrastructure. The development of Baghdad International Airport is expected to significantly enhance regional connectivity and boost tourism and trade in the region. The project is being advised by the International Finance Corporation (IFC), which is serving as the lead transaction advisor to the Iraqi government .

The binding proposal phase is a crucial step in ensuring that the project meets the highest standards of efficiency, sustainability, and financial viability. Investors and financial professionals are closely watching this development, as it could set a precedent for future PPP projects in the Middle East and Africa.