El Salvador: How to Finance Airport Expansion

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.

Friday, May 22, 2015

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. "

CEPA President Nelson Vanegas told Elmundo.com.sv that "... this way of financing has not yet been ruled out and he said the government is still assessing what the is the most effective way to carry out the expansion, which will cost $492 million. "

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Public Infrastructure Financed with Pension Funds

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93% of the $58 million raised by the securitization of future revenues of the International Airport of El Salvador were provided by Pension Funds.

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Securitization of Income from Comalapa airport

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In El Salvador plans are afoot to launch a tender at the International Airport at the beginning of 2013, after securitization that could take shape in December 2012.

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