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Treasury Sets 22 Conditions for Adani to Obtain JKIA Lease

Treasury Sets 22 Conditions for Adani to Obtain JKIA Lease

Adani Airports Holdings must meet 22 conditions before leasing Jomo Kenyatta International Airport (JKIA). Treasury Cabinet Secretary John Mbadi highlighted this during a Senate hearing. One condition requires Adani to absorb all JKIA staff. The Public Private Partnership (PPP) committee will block the deal if Adani does not meet these conditions.

The Treasury directed the Kenya Airports Authority (KAA) to offer better terms to employees. Kenyan nationals must also get priority for job openings. The Cabinet must approve the project before signing any agreement. A detailed stakeholder engagement is also a requirement.

Adani must ensure financial transparency through open book accounting. The project must include a clear development plan. Revenue targets must be met without increasing charges immediately. Future charge increases should follow due process.

The project is currently on hold due to a court case. The Law Society of Kenya (LSK) and Kenya Human Rights Commission (KHRC) filed the case. They argue the $1.85 billion needed can be raised without a long-term lease. Protests have erupted in Kenya against Adani’s involvement

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