Guatemala fine-tuning tender to upgrade La Aurora airport
The Guatemalan government is currently working to fine-tune the bases for a tender to carry out modernization and expansion works at the capital's La Aurora international airport under a PPP contract, according to deputy minister for investment and competition, Francisca Cárdenas.
This would be the second project to be carried out under the PPP format, after a stretch of the Escuintla-Puerto Quetzal highway was awarded to the consortium Convia earlier this year.
In January, officials at PPP promotion agency Anadie told BNamericas that the studies for this US$120mn airport upgrade project had already been completed and it only remained to carry out the pre-qualification of potential investors, which would be carried out during the second half of 2022.
Cárdenas said that a PPP contract is a good way to bring foreign direct investment (FDI)into the country and should help Guatemala reach its target of US$1.5bn in FDI and increase that figure significantly in the future.
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Corporación General de Tractores S.A (Gentrac) is the local subsidiary of the Peru-based group Ferreycorp S.A.A. in Guatemala. Its main line of business consists of renting, sel...
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