Securitization for Airport Expansion
07 Jul 2017In El Salvador, preparations are being made for a third securitization to finance the extension works at the Monseñor Romero airport terminal, and the tender will be announced in September.
The Autonomous Executive Port Commission plan's is to use the resources to finance the construction of phase I of the expansion of the passenger terminal.
"... It is estimated that the project will require an investment of about $30 million, plus $14 million in overseas works that include sewage, potable water, fire suppression, an electrical substation and an intermediate one."
CEPA's president Nelson Vanegas informed that this month, it is expected that design of the new building will be completed, where the first phase consists of five new waiting rooms and five boarding gates. The second phase comprises the construction of six new waiting rooms with the same number of boarding gates.
Source: www.Laprensagrafica.com