Adani got a shock!

Indian industrialist Gautam Adani's plan to invest in Kenya's Jomo Kenyatta International Airport (JKIA) has faced legal hurdles. Recently, a court in Kenya put a stay on this investment, which has dealt a blow to the Adani Group's international expansion plan. Adani Group, which is already managing airports in India and many parts of the world, was also preparing to invest in this major airport of Kenya. Adani Group was moving forward on an investment deal of $ 1.8 billion i.e. more than Rs 15 thousand crores with the government of Kenya. Which has now come to a complete halt.

Some local groups and officials of Kenya had objected to this proposed investment. They said that handing over the operation and management of the airport to an outside company could have a negative impact on the security and sovereignty of the country. In view of these objections, the matter reached the court, and after hearing, the court decided to stop the investment process for the time being.

The main controversy in this case is whether control of a vital national infrastructure such as the airport should be handed over to a foreign company or not. Local officials and activists in Kenya argue that the management of this airport should remain with Kenya, so that there is no external interference in its operation. On the other hand, the Adani Group argues that their investment will modernize the airport and it will be able to function better as one of the busiest airports in Africa.