Peruvian Government to Privatize Third Group of Airports

The Peruvian government will proceed with granting a third group of eight airports in different regions of the country to private hands.

This public-private partnership is expected to make an initial investment of $220 million to modernize, rehabilitate, improve, operate, and maintain the air terminals of Jaén (JAE), Huánuco (HUU), Jauja (JAU), Ilo (ILQ), Rioja (RIJ), Chimbote (CHM), and Yurimaguas (YMS).

However, the concession project will also include the operation and maintenance of the Chinchero International Airport in Cusco, which is under construction and will be the main asset of the package considering that this city handles 3 million passengers a year (out of a total of 3.6 million for the entire group). Besides Cusco, currently only Huánuco and Jauja receive regular flights from the main Peruvian airlines.

See also: Peruvian government guarantees the continuation of Chinchero Airport works in Cusco

The investment amount of $220 million was approved in the Multiyear Investment Report on Public-Private Partnerships (IMIAP), but within the mandate to PROINVERSIÓN, in these first six months, a new market value for the regional projects will be established“, clarified the Ministry of Transport and Communications of Peru.

Another benefit of this regional package is the generation of direct and indirect employment and is part of the Logistics Services Development Plan, which will boost local economies, strengthening various activities such as sustainable tourism, trade, gastronomy, and agriculture, among others“, they concluded.

The so-called First Group of Provincial Airports has been managed by Aeropuertos del Perú S. A. since 2006 (for 25 years) and includes the airports of Tumbes, Talara, Piura, Cajamarca, Chiclayo, Chachapoyas, Tarapoto, Trujillo, Huaraz, Iquitos, Pucallpa, and Pisco.

The second group, managed by Aeropuertos Andinos del Perú since 2011 (also for 25 years), is composed of the airports of Arequipa, Ayacucho, Juliaca, Puerto Maldonado, and Tacna.

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