We are delighted to announce that initially five potential CPO partners responded in the recent soft marketing testing exercise. As expected, this shows a significant level of interest in the future Manston Airport. After the follow up questionnaire was returned, there are now three valid submissions.
Party names will continue to be confidential at this stage, but the SuMA team welcomes this announcement as great news for the campaign and another step forward.
“The council recently carried out a soft market testing exercise to seek interest in becoming an indemnity partner for the compulsory acquisition of Manston Airport.
A Prior Information Notice (PIN) calling for expressions of interest was published in the Office Journal of the European Union (OJEU) on Friday 15 January.
Parties had until Tuesday 9 February to register their interest. A total of five expressions of interest were received by this deadline.
The interested parties then had until Friday 12 February to submit responses to a follow up questionnaire. These questions were posed to operators in the market to establish the extent of their interest, capacity and capability. A total of three valid submissions were received.
The findings of this exercise are to be reported to Cabinet.”