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El Salvador airport mulls public-private partnership

Monday, April 23, 2012

El Salvador’s Cuscatlán International Airport is considering a public-private partnership (PPP) in order to fund proposed airport upgrades.

The airport’s 2030 master plan is estimated to cost $800 million to implement.

For a PPP to go ahead, the legislative assembly would need to approve a bill currently under discussion to create a PPP framework. Under the current law, private projects have to be approved individually by the legislature.

Source: CAPA