Iceland Mag

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Iceland Mag

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Growing interest from foreign investors in buying Keflavík Airport

By Staff

  • Privatization State-owned facilities at Keflavík International Airport could be sold to finance investments in roads in Iceland. Photo/Vísir.

Talk of privatization of Keflavík International Airport has provoked increased interest from foreign investors in buying the airport facilities. The Icelandic parliament's finance committee recently proposed selling off state assets at the airport to finance investment in transport infrastructure.

"The debate has led to us getting more inquiries from foreign investors who are interested in visiting and getting a presentation on the company," Björn Óli Hauksson, director of Isavia, the operator of Keflavík Airport, said in an interview with local newspaper Fréttablaðið

Read more: Government mulling to sell Keflavík International AIrport

He stresses there are currently no concrete talks about the selling off of the airport.

The proposal to sell the airport was put forth by the majority of the finance committee of the Icelandic parliament. Opposition leaders have vowed to fight the privatization of the airport, calling it a symptom of an "absurd economic policy" by the center-right coalition government.

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