Chinese bid to buy SA Airport to export produce direct to China

Chinese-Australian company Sino Australia Clean Energy Company has made an unsolicited bid to buy Renmark Airport in South Australia.
Sino Australia Chinese owned submitted the bid to Renmark Paringa Council on 11 July, which now needs to go through a three-step evaluation process before any decision is made.

The initial proposal is for Chinese owned Sino to buy the airport and extend the main runway to allow for exporting produce from Australia direct to China and to build an international flying school with student accommodation at the airport.

A second part of the proposal is to buy land within Renmark township to establish an agricultural college for international students.
Renmark Paringa CEO Tony Siviour said the council has asked Sino Australia to submit a more detailed proposal.
“To date Council has received the initial proposal which is a high level overview of the proposal. Council’s preliminary view is that it wishes to understand the proposal in more detail and has granted Sino Australia 12 months to provide a detailed proposal in consultation with the State Coordinator General.”
According to the council, the airport can be sold because it was excluded from the Community Land classification in 2000 specifically so commercial proposals could be considered.
The council outlined its current position in an information paper circulated in late August.
“At this stage Council has made no commitments or decisions to sell any assets including the Renmark Airport,” the paper stated.
“Council has however indicated to Sino Australia that the current arrangements for Airport users with hangers and the Royal Flying Doctors are to remain unchanged, and the Airport is to remain open to other users if Council does proceed to Stage 3 Contract Negotiation.”
Renmark Paringa did not respond to Australian Flying when asked whether or not the council could act to prevent or regulate landing fees levied by Sino Australia should they succeed in their bid.
Renmark Airport was handed over to the council under the Aerodrome Local Ownership Program (ALOP) in 1975, the deed of which required Federal Government approval for any sale. However, in 2004, the Howard government waived its right to approval, which clears the way for any ALOP airport to be sold.

Read more at http://www.australianflying.com.au/latest/chinese-company-circles-renmark-airport#D6eftcWeYJFpHcyG.99

6 Comments Add yours

  1. brucewatson7 says:

    Not in Australias best interests. Keep our gates under Australian control!

    Like

  2. Mick says:

    What is wrong with Adelaide International Airport for export freight services? produce leaves the farm gate by truck, just keep driving another 3hrs. What is wrong with Adelaide’s Parafield General Aviation airport as a training school base which desperately needs an activity injection? Every capital city needs a vibrant General Aviation airport, air travel is not nor should not be restricted to just major airline operations. How well positioned are our present and future leaders/decision makers to resist the lure of huge financial incentives from foreign or local players who would further push to deplete the struggling Murray water resource to feed the bellies of an out of control foreign (and domestic) population growth? (Refer to the Carmichael coal mine owned exclusively by Adani (India) who are known environmental vandals who saw nothing wrong with depositing millions of tons of harbor dredge within the vicinity of the GB Reef, our governments damn near signed off on that.).

    A very worrying proposal on so many levels!

    Like

  3. Gail Coghlan says:

    Keep.Australia Australian stop foreign ownership, wake up! Soo sad😭

    Like

  4. Tracey Denk says:

    RENT< LEASE is the way to go, NO MORE SELLING OUR ASSETS

    Like

  5. Joyce schubert says:

    It will be just like the gas not enough for our use at a reasonable price now there will be not enough fruit and Veges that we can afford

    Like

  6. Garry McComb says:

    The company should be called Sino China not Sino Australia. Also the international flying school and the international ag college should be called Chinese flying school and Chinese ag college.

    Like

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