Mexican airport group Grupo Aeroportuario del Pacífico (GAP) has announced its plan to complete construction of the new terminal building at Puerto Vallarta International Airport in 2024.
The new terminal building will increase the airport’s capacity by almost 60%, reported Vallartadaily.com.
Guadalajara Airport director Martín Zazueta was quoted by the website as saying: “For the purpose of Puerto Vallarta, whose main investment is the new building, it will be built as it was planned for this five-year period, they are different needs, since Puerto Vallarta had a series of requirements and the construction of this terminal building was necessary during the deadlines set from the start.”
According to the proposal for adjustment to the Master Development Programs 2020-2024, the total investment was estimated to stand at $149,241 (Mex$3m) in 2017.
More than 50% of this investment (Mex$1.7m) will be made in 2023 and 2024.
Along with Terminal Two of Guadalajara Airport, the new terminal will be designed to cater to net zero environmental sustainability.
In November, GAP concluded the extraordinary review process for the Mexican airports’ Master Development Program 2020-2024.
In August, the firm filed a proposal for the adjustment of the Master Development Program to the Aeronautical Authority, thereby postponing investments for almost 20 months.
Some investments that were set to complete in 2024 will now finish in 2026.