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Ferrovial invests in Peruvian airports - 21/08/06
Source: Latin America News Digest
By Mary Jane Pittilla
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PERU. The GBH-Swissport Aeropuertos consortium is to invest US$220 million in 12 small regional airports in northern Peru. The partnership comprises Peruvian infrastructure investment group GBH Investments and the Peruvian unit of Ferrovial-owned ground handling provider Swissport.

According to the consortium's Executive President Alfonso Garcia Miro, the concession period spans 25 years.

The government is to make a US$9.4 million annual maintenance and operations payment to the consortium. The medium-term investments, including runway improvements, are projected at US$90 million.

The Ministry of Transport and Communications is aiming to place Peru's regional airports at the forefront of the South American aviation market in terms of modernisation and efficiency. "