The Mexican company Caabsa Constructora will be in charge of the expansion of the passenger terminal at Monsenor Óscar Romero international airport in El Salvador.
The award was announced by the Autonomous Port Executive Commission (CEPA) at a press conference held at the Presidential House in San Salvador.
For his part, Nelson Vanegas, president of the CEPA, explained to Elmundo.sv that " ...
The new parking platform raises to 22 the number of aircraft that can be attended to simultaneously at the international airport in San Salvador.
Elsalvador.com reports that "...The work represents the first expansion project with a direct impact on customer service for passenger aircraft at San Salvador International Airport in the last 18 years and will be crucial in improving its operational capacity."
The Autonomous Executive Port Commission plans to issue debt in 2017 worth another $68 million, to finance the expansion works of the Comalapa terminal.
This will be the third issue of debt bonds to finance the airport's expansion project.The first was in 2013, in the amount of $58 million, and the second, for $19 million, took place in October 2015.Laprensagrafica.com reports that "...To date CEPA has only reported that using some of these resources, four new waiting rooms, which are expected to be built in the terminal, will be paid for."
The Autonomous Executive Port Commission of El Salvador is putting out to tender the construction of 4 waiting rooms for passengers at the Monseñor Oscar Romero International Airport.
For the second time so far this year the Autonomous Executive Port Commission has launched a tender to expand the airport in Comalapa.
A tender has been launched for the design of an extension of the passenger terminal building, 4 aircraft parking spaces and 4 waiting rooms at the Comalapa International Airport.
Government Purchase El Salvador LP-21/2016
"Construction of four (4) waiting rooms for passengers at the International Airport of El Salvador, Monsignor Oscar Arnulfo Romero y Galdamez".
The funds raised will be used to complete construction of waiting rooms and a food area and start works on four aircraft platforms and the parking area.
Pension operators were the main buyers of the securities placed by Hencorp Exchange on October 19 in the local market, as part of the total emission worth $78 million approved in 2012 to finance the expansion of the international airport.
The private sector is urging the government to define and execute financing once and for all for the expansion works of San Salvador's airport, which already operates at "200% of its capacity."
Avianca representatives say the current capacity of Monsignor Romero airport has already been far exceeded and the terminal needs to be expanded in order to improve passenger services and increase air operations.
International loans, public-private partnerships and now a securitizations are options that have emerged in recent years to fund the expansion of the capital's airport, which so far have remained on paper.
After raising the idea of a public-private partnership as the best alternative to finance the expansion of the international airport in San Salvador, the Autonomous Executive Port Commission (CEPA) is now indicating that this method "would take two years, which would be 'too long' for this terminal, whose capacity has been exceeded. "
Although the master plan is ready, changes in the Autonomous Executive Port Commission and other factors have delayed, again, the modernization of the international airport in El Salvador.
Roberto Kriete, co-founder and member of the board of Avianca Holdings told Laprensagrafica.com that "... 'the airport is an issue that has a very large financial impact nationally and it is a topic that unfortunately when there are changes of government and even more so changes in leadership at the CEPA (the modernization process) there is a delay of at least six months while it is all reviewed ...There are obvious needs for the expansion of the airport terminal, and (it is obvious) that the process of modernization should be sped up.'"
An announcement has been made that there will be a review of the conditions of the infrastructure at El Jagüey airport so see if it has capacity for international commercial flights.
In order to alleviate air traffic at the international airport of El Salvador, the authorities of the Autonomous Executive Port Commission (CEPA) and Civil Aviation will be evaluating the state of the military airport in La Union for its potential to become an international airport.
Changes in Avianca flight paths added 600,000 passengers per year to the current movements, forcing development of a plan for emergency works.
The increase in passenger arrivals is due to the hub belonging to Avianca. This has motivated the Comisión Ejecutiva Portuaria Autónoma (CEPA) to speed up the work being carried out at the International Airport El Salvador (AIES) in order to be able to attend to the new passengers.
The expansion and modernization of the International Airport in El Salvador will be funded through securities, which will be issued on 18 February.
The Autonomous Executive Port Commission of El Salvador (CEPA by its initials in Spanish) will issue securities worth $58.3 million, which will be complemented by a loan taken out with the BCIE in order to expand the El Salvador International Airport (AIES by its initials in Spanish), whose investment is around $70 million.
The Autonomous Executive Port Commission has announced that next January refurbishment of the International Airport of El Salvador will start.
This comes after having secured funds through a securitization and a loan from Central American Bank for Economic Integration.
"Some works have already started, such as the remodeling of the stairs in the passenger reception area, a passenger elevator and improved air conditioning in part of the airport.
The Goverment of El Salvador has decided that the expansion of the International Airport of El Salvador will be conducted via a public-private association.
The technical secretary of the presidency announced that they decided to use this mechanism due to the “large resources required by the expansion”.
“We plan to do this expansion via a public private partnership for a simple reason: the state lacks the resources.