Punta Cana Airpt

completed

The proposed investment is to help CAE finance its 2009-2010 capital expansion program. CAE operates the PCIA located on the east coast of the Dominican Republic. The airport serves the Punta Cana and Bavaro regions and is the country’s busiest and fastest growing airport. During 2008, CAE handled approximately 4 million passengers and accounted for 42.4% of total air passengers in the Dominican Republic. Punta Cana is one of Dominican Republic’s key tourist areas along with Puerto Plata, La Romana and the developing Samaná area. As passenger arrivals increase with the growing popularity of tourist resorts in Punta Cana and Bavaro, CAE needs to invest in new infrastructure and facilities to expand its capacity and manage the increasing demand. The capital expansion program is expected to include (i) the construction of a new runway and taxiway suitable for larger aircraft, (ii) the expansion of the existing passenger terminal, (iii) the installation of additional safety equipment, and (iv) the repair of the existing runway.