Aéroports de Paris-led consortium has been selected by the Government of Chile for the management and development of the Arturo Merino Benítez International Airport in Santiago de Chile.
The Nuevo Pudahuel consortium comprises VINCI Airports and Astaldi, besides Aéroports de Paris. The bid offered 77.6% of revenues to the government.
To come into effect from 1 October, the concession contract includes the design and construction of a new terminal with 37 aircraft stands. This will increase the airport's capacity to 30 million passengers, with the potential for expansion beyond 45 million in the future.
The contract will also require the consortium to renovate the existing installations with the redesign and extension of the current terminal.
Astaldi and Vinci Construction Grands Projets will carry out the building works at the airport.
Nuevo Pudahuel will also operate existing terminal and new terminals, car parks and future property developments at the airport for the next 20 years.
Aéroports de Paris chairman and CEO Augustin de Romanet said: "The acquisition of this concession rewards the close collaboration between the teams from Aéroports de Paris, particularly our Aéroports de Paris Management and ADP Ingénierie subsidiaries, and our partners VINCI Airports and Alstadi. Santiago de Chile ranks among Latin America's most dynamic regional hubs, with average annual growth in passenger traffic of more than 10% over the past 20 years.
"This airport offers strong potential for growth and the creation of new routes that will enable it to become one of the main entry points to Latin America from Europe, the US and soon, from Asia.
"This project, which is consistent with our international strategy, will allow Aéroports de Paris to make full use of its expertise as a major airport operator and its engineering know-how."
Image: Santiago Airport terminal building. Photo: courtesy of Phillip Capper via Wikipedia.