商業快報

Kenyan court suspends Adani deal to run Nairobi airport

Legal challenge is latest blow to the Indian conglomerate’s efforts to expand its overseas presence

Kenya’s High Court has suspended a government plan to allow India’s Adani Group to manage the country’s main airport following intense local opposition, marking the latest setback to the conglomerate’s overseas expansion.

The court order, which was granted on Monday, temporarily blocks a government proposal to grant the infrastructure-focused company owned by Gautam Adani, India’s second-richest man, a 30-year lease to operate Jomo Kenyatta International Airport.

The Law Society of Kenya and the Kenya Human Rights Commission, which petitioned the high court, said the estimated $1.85bn in funds needed to revamp the airport can be raised without a multi-decade leasing contract.

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