"Privatization can be the best multiplier of economic benefits an airport can generate in a country. It would lead to ten-fold benefits," he said.
The benefits that will accrue will depend largely on government policies on the length of contract, attracting more investment in infrastructure, promotion of duty-free facilities and other aspects, felt the Sharjah official.
The policy on ground handling, catering and cargo handling are major aspects that would have bear in determining investor's decisions.
In India's case, Hajri said the limited information on privatization is not enough to attract serious bidders.
"We are already in association with some business men in India and have bid for ground handling in five major airports.
Unfortunately it is taking a long time to finalize this," he said.
He declined to give any further details.
Sharjah International Airport has emerged as a major cargo transit hub in the Middle East with many airlines including Indian Airlines utilizing its facilities to operate 18 flights a week to 13 destinations in India.
Sharjah Airport is also looking keenly at an opening in Frankfurt, where plans are afoot for privatizing its airport there.
"We are also working closely with Frankfurt Airport and are looking forward to opportunity ahead with its plans for privatization and making our expertise there and later bringing it to India."
The Indian civil aviation ministry on Friday forwarded its proposals for privatization of some major airports to the cabinet committee on security and expects to invite expression of interest next month.
"The key issue for operating an airport is the ability to use the facility efficiently in terms of allowing a large number of airlines to operate."
In the current scenario where not everybody is allowed to land in India, it is going to be difficult task for the operator to generate enough revenue and invest in infrastructure," said Hajri.