The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has been engaged by the Saint Lucia Air and Sea Ports Authority as the lead advisor to structure and implement a PPP scheme for the Hewanorra International Airport (HIA).
The IFC is seeking a Technical Consultant, a Legal consultant and an auditor for support throughout the transaction.
Hewanorra International Airport is the larger of the country's two airports, with traffic consisting mainly of tourists originating from the United States, Canada and the United Kingdom. It handles an annual passenger throughput of 620,000 (2012). HIA is expected to increase by 5.2% compounded annual growth rate over the next 20 years to serve around 1.7 million passengers by 2032.
The current infrastructure at the airport faces several design challenges that constrain the facility to meet current and forecasted traffic growth and aircraft movement. The redevelopment of the Airport has therefore become necessary.
The Government of Saint Lucia (GoSL) has commissioned and approved a design for the redevelopment of HIA. SLASPA is seeking a private operator for HIA and potentially GFL to complete the modernization and expansion of the facilities and to improve the efficiency of operations.
The George F.L. Charles Airport (GFL), the smaller of the country's two airports located near the capital, will also be considered as part of the concession package with HIA.