Concession Construction & Operation

A concussion agreement (or operation) is a sort of contract that grants a firm the right to operate a specific business under the government’s authority or on another company’s property, subject to certain conditions. A concession contract is a contract between the non-governmental facility owner and the concession owner, also known as the concession holder.

With Aqem DB, our service include deal with the concessionaire which is granted exclusive rights to operate their business at the facility for a set period of time and under certain terms. In other word, Concession agreements, at their best, are a type of outsourcing that allows all parties to gain from their comparative advantage.