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Palmerola International Airport

Sector: Aerospace & Defense • Location: Honduras

Source: World Bank Group

Project
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The 30-year concession includes designing, construction, financing, operation and maintenance of the airport. Concessionaire will be responsible for transforming the Soto Cano military airbase into a new civilian airport.

In April 2016 Honduras awarded the German-Honduran consortium Inversions Emco the concession contract. The SPV responsible for the project is Palmerola International Airport SA

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Project Information

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The project “Palmerola International Airport” is an infrastructure initiative in the Aerospace & Defense sector, located in Honduras. Taiyo aggregates data on it from World Bank Group.

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Description

Description

The 30-year concession includes designing, construction, financing, operation and maintenance of the airport. Concessionaire will be responsible for transforming the Soto Cano military airbase into a new civilian airport. In April 2016 Honduras awarded the German-Honduran consortium Inversions Emco the concession contract. The SPV responsible for the project is Palmerola International Airport SA de CV as Concessionaire. Total project cost is 209 USDm which were provided by: Honduras Spain Fund - 53 USDm Contribution Government of Honduras - 69 USDm Concessionaire Contribution - 87 USDm Financial closure was achieved in August 2020. Palmerola Airport commenced construction works on 05-Dec-2016, scheduled for conclusion on Jan-2019. Currently, Palmerola International Airport construction project is scheduled to be completed in Q4 2021. https://www.bcie.org/en/news-and-media/news/article/mediante-programa-de-conversion-de-deuda-de-honduras-frente-espana-formalizan-us366-millones-para-aeropuerto-palmerola https://fondohondurasespana.bcie.org/actualidad-y-logros-del-programa/proyectos-del-programa/proyectos/proyecto?tx_news_pi1%5Baction%5D=detail&tx_news_pi1%5Bcontroller%5D=News&tx_news_pi1%5Bnews%5D=30&cHash=9926bd08b4cc9299300f255f36b531f5 https://centreforaviation.com/data/profiles/newairports/palmerola-international-airport

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