“Due to the expiration of the trust management agreement concluded with the Arab company Terminals Astana Airport Management LLP, 100% of the shares of Nursultan Nazarbayev International Airport JSC have been transferred to the municipal ownership of the city of Astana,” reads the statement.
The agreement was valid from November 7, 2023 to January 7, 2025.
A new trust management agreement is currently being prepared between the city administration and the former company Terminals Astana Airport Management LLP.
Terminals Astana Airport Management is a subsidiary of Terminals Holding, based in the United Arab Emirates (UAE).
Photo source: picture from an open source