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The West Java Provincial Government plans to divest its majority stake in Kertajati International Airport through a share swap with the central government, potentially acquiring shares in Husein Sastranegara Airport instead. This move, planned for 2027, aims to accelerate Kertajati's development under central government management while securing provincial interests in other strategic assets.
The West Java Provincial Government is considering divesting its majority stake in Kertajati International Airport through a share swap deal with the central government. The proposed transaction involves transferring provincial ownership in Kertajati to the central government, while the province would gain control over Husein Sastranegara Airport in Bandung.
Dedi Mulyadi, Head of West Java's Regional Development Planning Agency (Bappeda), explained that this strategic move is intended to accelerate Kertajati's development by having the central government take full control of the airport's management. The provincial government believes that central government oversight would bring more resources and expertise to the airport's expansion plans.
The share swap is tentatively scheduled for 2027, pending further negotiations between the provincial and central governments. The West Java government views this as a rational step to ensure Kertajati's successful development while protecting provincial interests in other strategic assets.
This potential restructuring could have significant implications for both Kertajati and Husein Sastranegara airports. For Kertajati, central government management is expected to bring more substantial investment and operational expertise. For Husein Airport, provincial control could lead to more region-specific development strategies.
Airport Share Swap Proposal
Infrastructure Management Transfer