German-Honduran partnership wins Salvadoran cargo terminal contract

A German-Honduran consortium has been selected to modernise, expand and operate the cargo terminal at Óscar Arnulfo Romero International Airport in El Salvador, in a public-private partnership arrangement with the Salvadoran Government. The partnership of Emco and and Munich International Airport, which already operates Honduras’ Palmerola International Airport, will invest US$57m in the project after beating 32 other bidders to win the tender. Of this, US$13m will be invested in the first 15-years and US$44m in the second, 20-year phase. Phase one is anticipated to increase the airport’s cargo handling capacity to 52,000 tons from 26,600, while phase 2 is expected to take it to 73,000 tons, according to El Salvador’s port commission (CEPA).

Facebook
Twitter
LinkedIn