The Central American Integration Bank approved the awarding and signing of contracts for various works, which together amount to $36.6 million.
The funds are part of the Debt Conversion Program of Honduras against Spain, which is administered by the Central American Bank for Economic Integration (CABEI), reported the multilateral organization.
Terminal 2, whose opening is scheduled for next year, promises to improve conditions at the Panamanian airport, making it competitive with other hubs in Latin America.
The new Terminal 2, which is 92% complete, will have capacity to serve aircraft in 20 contact doors and 8 remote locations, taxiways, parking platform and aircraft circulation, adding up to pavement surface measuring more than 250,000 square meters.
The approval of the contract by the Congress of Honduras authorizes the State to co-fund with $76 million the project awarded to Inversiones EMCO.
From a statement issued by the National Congress of Honduras:
The National Congress approved in a session on Tuesday, in a second debate, the contract for the construction of Palmerola international airport and the new Law on Decentralization of the State of Honduras.
In this regard, approval was given on a second reading, of the the draft decree sent by the Executive Branch, which contains the concession contract for the project "Design, Construction, Financing, Operation and Maintenance of Palmerola international airport of the Republic of Honduras. The approximate cost of the project is 163 million dollars and the contract for the design, construction, financing, operation and maintenance of the International Airport in Palmerola, which was signed on March 31, has a concession period of 30 years.
Honduran businessmen project that exports will increase when the new airport starts operating, and they are negotiating with the concessionaire for the cargo area to be larger than planned.
Exporting companies are those that have the highest expectations for the construction of the new international airport, the construction and operation of which has now been granted in concession to the Spanish company EMCO.
A contract has been signed for the start of works on the International Airport in Palmerola, Comayagua, so that operations can start in 2018.
Following the signing of the official contract, construction of the new International Airport in Palmerola, in the department of Comayagua, will begin in May, for operations to start in 2018. This was announced by the Spanish concessionaire EMCO Corporation. The total investment is $163 million, of which the Kingdom of Spain will provide $53 million as part of a debt restructuring program with Honduras; $87 million will be private investment and the Honduran State will contribute $23 million.
Local businessmen have announced that there are already studies on a plot of land measuring 2,500 m2 to build an international terminal in the northern Honduran Caribbean.
The private organization known as Oficina de Proyecto e Inversiones (IPO) plans to build an international airport in the city of Trujillo, capital of Colón, in the northern Honduran Caribbean. The city has gained momentum because of the arrival of cruise tourism, port modernization and the development of housing projects.
It has been announced that nine companies have already acquired the specifications for the tender to build Palmerola airport and in late November the work will be awarded.
From a statement issued by Coalianza:
The Commissioner President of the Commission for the Promotion of Public Private Partnership (COALIANZA), Erasmo Padilla said that in late November the International Airport of Palmerola will be awarded, and that there are a total of nine companies who have bought the rights to participate.
Coalianza has announced that it envisages extending for 60 days the deadline for the receipt of tenders for the construction of Palmerola airport in Honduras.
Fearing absence of bidders, an extension has been given to the process of acceptance of companies interested in taking in the two phases of the project, which together represent an investment of $135 million. Coalianza last week suffered a setback, by not having bidders in the tender for the concession of 100 kilometers of road.
It is the third terminal opened by the government, which aims to create a network of 8 airfields to encourage the development of tourism in different parts of the country.
Tela airfield in the coastal department of Atlantis, has one runway measuring 1,600 meters and is now able to receive flights by smaller aircraft. The tourism private sector expects that increased air connectivity will boost development in the area.
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.
From a statement issued by the Government of Honduras:
Advanced Logistics Group is revising the airport design, analyzing the structure of the $110 million investment and preparing a new tender.
The Ministry of Infrastructure and Utilities (Insep) together with Coalianza is holding meetings with the Spanish company Advanced Logistics Group (ALG) to structure the specifications for the new tender, review the investment program and design of the airport terminal.
The government has announced that is preparing the specifications of a international tender for the construction of the first stage of the project, in the amount of $107 million.
For the second time, the Honduran government has made changes to the bidding rules for the construction of the airport in Comayagua. The first phase will cost $107 million and will be built on the Enrique Soto Cano base in Palmerola.
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.
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.
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