Thursday, December 19, 2013

El Salvador: Modernization of International Airport Projected to Cost $490 Million Over 18 Years

According to The Latin American Tribune, the modernization of El Salvador International Airport, the country’s only commercial air terminal, will require an investment of over $490 million over the next 18 years, the government said on Monday (December 16).

The projection represents the total projected costs of the first two phases of restoration and modernization, which are already underway, and the plan of expansion, the chairman of the CEPA port authority commission, Alberto Arene, said at a press conference.

With this plan, airport capacity will progressively increase “from some 1.6 million passengers annually to 6.6 million by the year 2032, allowing the airport to absorb the increase in passenger traffic up to the year 2040,” Arene said.

At the same time, the project will create an accumulated total of 157,000 direct jobs and 275,000 indirect jobs.

COMMENT: The project was worked up by Florida-based Kimley-Horn and Associates, Inc. under a contract with CEPA and the US Trade and Development Agency.

El Salvador International Airport, located some 50 kilometers (31 miles) from San Salvador, has been in operation since 1980 and has a runway that is 3,200 meters (2 miles) long.

Engineer and Kimley-Horn executive Jorge González said that with the completion of the project, the San Salvador's airport will serve as a major infrastructural asset in Central American.