The State of Minas Gerais in Brazil has signed the concession for Pampulha airport with CCR Group. CCR will provide exploration, expansion and maintenance services for the Pampulha airport - Carlos Drummond de Andrade located in Belo Horizonte.

The concession period for the project is 30 years with estimated investment value of BRL34 million (US$6.2 million). The concessionaire will improve operational efficiency and general level of services provided at the airport, which will help expand the capacity to generate revenues.