Hochtief assumed management of the airport on April 23, 2005, for a 20-year concession period.
At the end of the concession period the ownership will transfer to the Jordanian government.
At the end of the concession period, the bridge will pass into public ownership.
There is no guarantee that the pay cuts will be restored after the concession period ends.
The Company as a member of the private sector has to operate projects under the concession period.
Due to the long-term nature of the arrangement, the fees are usually raised during the concession period.
Traditionally, such projects provide for the infrastructure to be transferred to the government at the end of the concession period.
This framework is used when the physical life of the project coincides with the concession period.
The highway will be built on the build-operate-transfer concept with a concession period of 60 years.
At the end of the concession period, the project facilities will be transferred to the government free of charge.