Vucic: We are considering 25-year concession for Belgrade's airport

BELGRADE - The Serbian government is considering offering a 25-year concession for Belgrade's Nikola Tesla Airport, which would bring a 350-400 mln euro advance payment and a further 10-11 mln every year, PM Aleksandar Vucic said Friday.

A decision has not yet been made, but the government is closest to offering a concession, he said.

"We would go for an advance payment for the entire contract and an annual concession fee. A tender procedure would be opened and I think we would be able to secure a 25-year concession," Vucic said.

Talks about this are underway with concession adviser Lazard Freres, Vucic added.