ProInversión to launch Cuzco airport concession in 2016

Peru's private investment promotion agency ProInversión will launch the process to concession a new airport terminal in Cuzco at end-2016, said ProInversión's executive director Cayetana Aljovín, according to local paper La República.

Authorities have to wait for the results of a meteorological study in the area where the airport will be located before launching the concession. The study is expected to be ready in 2015, Aljovín said.

The new international airport terminal will be called Chinchero.

The facility will replace Cuzco's Alejandro Velasco Astete terminal, in which Peru's transport and communications ministry (MTC) recently announced that it will invest 60mn soles (US$20.8mn) to improve infrastructure.

The resources will finance rehabilitation and improvement works on the secondary runway and the implementation of landing lights to allow the airport to operate at night.

The construction of a new airport terminal is considered the best solution to cope with the growing tourism industry in the area, which houses Incan ruins at Machu Picchu, among other well-known sites.

The current terminal is operated by the country's civil aviation authority Corpac.

Publication: Business News Americas - English News
Provider: Business News Americas
November 27, 2009

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