Honduras: Funding for Palmerola Announced

Spain has confirmed a contribution of $52 million for the construction of the airport, but there is still $83 million left which the Honduran government is looking to raise through a public-private partnership.

Tuesday, March 10, 2015

From a statement issued by the Government of Honduras:

The Government of Spain, through a delegation accompanying President Mariano Rajoy at the Summit of the Central American Integration System (SICA), held in Guatemala, confirmed with Ministers of Finance, Infrastructure, and Public Utilities support for Honduras for the construction of Palmerola Airport.

"On our last visit to Spain we hired a consultant to update the financial model of the project, and then deliver it to the Spanish Cooperation and met with Minister of Economy of Spain, Jaime García Legas Ponce, who confirmed the government's position that country will support this project, " Cerrato said.



More on this topic

New Funding and New Tender for Palmerola

October 2014

The cancellation of the current lease and Spain's agreement to use funds from debt restructuring, have enabled a new tender for the construction and operation of the Honduran airport.

The construction project includes a new airport runway with a length of 2,440 meters for the operation of commercial vessels which are widebodied and without any restrictions and low restrictions for long-haul destinations.

Honduras: Palmerola Works on Standby

June 2014

Five months after the $107 million works were awarded, the contractor has not yet signed the concession contract for the construction and operation of the airport.

The delay in signing the contract between the government and the company Constructura de Servicios Aeroportuarios Integrados S.A.

Airport Concession Awarded in Honduras

January 2014

A subsidiary of Terra Group will be responsible for the design, financing, construction, and maintenance and operation of the International Airport at Palmerola.

From a press release issued by the Commission for the Promotion of Public-Private Partnerships:

The Commission for the Promotion of Public Private Partnerships (COALIANZA) has awarded to Constructora de Servicios Aeroportuarios Integrados S.A.(SAISA), the Contract for the Design, Financing, Construction, Maintenance and Operation of Palmerola International Airport, which will be located in the city of Comayagua, on the road axis between Tegucigalpa and San Pedro Sula.

Receipt of Bids Starts for Palmerola Airport

January 2014

After a process that has gone on for several years in Honduras the start of the opening of bids for the concession of the international airport in Comayagua has begun.

Laprensa.hn reports: "The Commission for the Promotion of Public-Private Partnerships (Coalianza) announced the opening of public hearings for the contract with an investor interested in building Palmerola international airport."

 close (x)

Receive more news about Finance

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Caribbean Central American Action

Caribbean-Central American Action (CCAA) is a private, independent organization that promotes private sector-led economic development in the Caribbean Basin and throughout the Hemisphere.
Operates in Caribbean Community, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (202) 331-9467

Company Profile

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%

Commodities

(Jan 19)
Brent Crude Oil
55.820
Coffee "C"
129.45
Gold
1,841
Silver
25.28