Advisory
Yves Lepage (Orrick) advises Africa50 and ADP (Paris Airports Authority) on their landing at Conakry

Yves Lepage (Orrick) advises Africa50 and ADP (Paris Airports Authority) on their landing at Conakry

A trio of lawyers led by Orrick’s Africa Practice Manager has advised both parties for the concession and extension of Guinea’s Gbessia airport, for an investment of €120m (135m).

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            ▪ Yves Lepage (Orrick) advises Africa50 and ADP (Paris Airports Authority) on their landing at Conakry

▪ A trio of lawyers led by Orrick’s Africa Practice Manager has advised both parties for the concession and extension of Guinea’s Gbessia airport, for an investment of €120m (135m).

http://www.jeuneafriquebusinessplus.com/en/803372/yves-lepage-aiguille-africa50-et-adp-aeroport-de-paris-dans-leur-atterrissage-a-conakry/

06/03/2020 at 17h47, by Aurélie Benoit, updated 09/03/2020

The contract was signed at the end of February between the Guinean State (holder of 34% of the project), Africa50 (33%) and the ADP Group (33%). It provides for the development and financing of the modernisation, extension and operation of Gbessia International Airport in Conakry. It also encompasses the renovation and expansion of the runway and main taxiways, requiring an investment package of €120m ($135m) for this first phase. With these various projects, the three shareholders hope to double traffic by 2031 to reach more than one million passengers.

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