News / Minas Gerais announces public hearing for regional airport PPP project

Minas Gerais announces public hearing for regional airport PPP project

🕔 February 14, 2014
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The state of Minas Gerais, through the Region's Transport and Public Works Ministry (SETOP), will hold a public hearing for the Zona da Mata Regional Airport PPP project.

The design of the public-private partnership (PPP) structure had been the subject of a public consultation before, in September and October 2013. The project includes the operation, administration, implementation and maintenance of a number of improvements to the Regional Airport Zona da Mata (ARZM), also known as Itamar Franco Airport.

As part of the proposed deal, a private firm will carry out the project over a 25-year, valued at around R$189 million (US$ 78 million). 

Zona da Mata Regional Airport is an airport serving Juiz de Fora and the region of Zona da Mata, located in the municipality of Goianá. The construction of the airport was completed in 2007 but the commercial operations didn't start until August 23, 2011. In March 2011 Infraero ceased to administrate the airport and Multiterminais Alfandegados do Brasil became the new administrator.

The state is currently overseeing numerous PPP deals as the country seeks to improve its infrastructure ahead of the FIFA World Cup in 2014 and 2016's Olympic Games.

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