El Salvador: How to Finance Airport ExpansionInternational 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. " Source: elmundo.com.sv ¿Busca soluciones de inteligencia comercial para su empresa?Public Infrastructure Financed with Pension FundsFebruary 2013 93% of the $58 million raised by the securitization of future revenues of the International Airport of El Salvador were provided by Pension Funds. CEPA to Issue $78 million for AirportDecember 2012 The modernization of El Salvador International Airport will be financed with a securitization fund of $77.7 million. Securitization of Income from Comalapa airportNovember 2012 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. Securitization for $70 million in El SalvadorSeptember 2012 In order to finance the redevelopment of Comalapa International Airport, a plan has been made to issue securities in the Salvadoran market over the next two months.
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