newstodate.aero
Jan 24, 2011 (newstodate): A final political decision on the future ownership structure of Lithuania's three international airports is still in the future.
-Last year, the Ministry of Transport and Communication worked out a proposal forwarded to the Prime Minister, and the proposal was debated in the Lithuanian parliament during the autumn session, says Rimvydas Vastakas, Vice-Minister of Transport and communication.
-The parliament, however, did not pass the proposal, claiming that it needed a higher level of flexibility for the airports in deciding on their future. The proposal was therefore returned to the Ministry.
-Work will now start again on a new proposal, and this will probably be completed within the coming two or three weeks. The process will then be to deliver it first to the Prime Minister who will next take it to the Parliament for a renewed debate.
-Given the usual time frame, I will thus expect the full process of political and legislative work to last for at least a year from now before the future ownership structure of the airports is fully implemented, says Mr Vastakas.
The airports at Vilnius, Kaunas and Palanga are currently owned directly by the state, and the proposal is to change their status into either one joint, or three individual public limited companies owned by the state, in either case opening up for the possibility of attracting private investors and outsourcing of their management to experienced companies through tender processes.
-Last year, the Ministry of Transport and Communication worked out a proposal forwarded to the Prime Minister, and the proposal was debated in the Lithuanian parliament during the autumn session, says Rimvydas Vastakas, Vice-Minister of Transport and communication.
-The parliament, however, did not pass the proposal, claiming that it needed a higher level of flexibility for the airports in deciding on their future. The proposal was therefore returned to the Ministry.
-Work will now start again on a new proposal, and this will probably be completed within the coming two or three weeks. The process will then be to deliver it first to the Prime Minister who will next take it to the Parliament for a renewed debate.
-Given the usual time frame, I will thus expect the full process of political and legislative work to last for at least a year from now before the future ownership structure of the airports is fully implemented, says Mr Vastakas.
The airports at Vilnius, Kaunas and Palanga are currently owned directly by the state, and the proposal is to change their status into either one joint, or three individual public limited companies owned by the state, in either case opening up for the possibility of attracting private investors and outsourcing of their management to experienced companies through tender processes.