Tender for St. Lucia airport PPP imminent

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Tender for St. Lucia airport PPP imminent

The government of Saint Lucia together with the Saint Lucia Air and Sea Ports Authority (SLASPA) will launch in the next weeks a tender process for a PPP scheme for the Hewanorra International Airport (HIA).

A plan to award a 30-year concession has already been developed. The project will include, among others, the realignment and extension of the runway turning bay, the development of a new technical tower, and the construction of additional parking spaces. The preferred bidder will be responsible for the upgrade, build, finance, operation and maintenance of the facilities.

The plan to lauch the tender process for the project has been developed after the appointment, in May 2014, of the International Finance Corporation (IFC) by the SLASPA. IFC is acting as the lead advisor to structure and implement the tender process for the project.

According to sources, the government plans to sign of the contract with the winning bidder by 2015.

HIA is the main gateway to Saint Lucia and sees approximately 660,000 passengers each year. However, it faces severe congestion in its terminal and the area where aircraft are parked, unloaded and boarded. This significantly limits its ability to support current passenger traffic and future growth in traffic, which is expected to increase by 5.2% compounded annual growth rate over the next 20 years.

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