The Government of Paraguay has announced plans to launch a tender process for the concession of Silvio Pettirossi airport located in Asunción.

After conducting feasibility studies the government expects to launch the tender process in early January next year. The new airport is expected to be operational by 2017.

The concession contract would have a period of 30 years. The total investment is estimated at US$250 million and the costs of maintenance during the 30 year concession are estimated at US$450 million.

The project would involve the construction of a new airport and the reconstruction of the existing facilities to transform them into administrative offices.

Silvio Pettirossi International Airport is Paraguay's main national and international gateway, located at Luque, suburb of the capital Asunción. The airport serves as hub for TAM Airlines also known as Transportes Aéreos del Mercosur S.A., formerly known as TAM Mercosur and LAP (Líneas Aéreas Paraguayas).

The terminal building splits into domestic and international concourses, with 2 gates (5 and 6) and 4 gates (1 to 4) respectively. However, the airport currently receives only one domestic flight, handled at the International Concourse. The domestic concourse handles cargo, general aviation and charter flights.