A press release from the Inter-American Development Bank reads:

Juan Santamaria International Airport in San Jose, Costa Rica has successfully completed a three-year restructuring process and is preparing to more than double its passenger capacity after partnering with the Inter-American Development Bank (IDB) and the Overseas Private Investment Corporation (OPIC).

In September, the Bank and OPIC disbursed U.S. $ 100 million in loans to Aeris Holding S.A., which operates the airport, owned by the sponsoring companies Andrade Gutierrez Concessões from Brazil and ADC & HAS Finance Ltd., a holding company controlled by the HAS Development Corporation, an affiliate of Houston Airport System, and Airport Development Corporation, based in Toronto, Canada.

Juan Santamaria International Airport, the second largest in Central America, receives 85 percent of total international arrivals in Costa Rica and 80 percent of all tourists arriving in the country.

Source: Inter-American Development Bank

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Costa Rica: Houston Airport to Operate Airport

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October 2008

The Houston Airport System consortium will become the new airport administrator in December, replacing Alterra Partners.

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