The current contract is for 25 years and expires in 2020, the extension until 2040 must be submitted to the Honduran Congress for approval.
Public Works Minister, Miguel Pastor told the press, "We want an international airport in Comayagua (Palmerola) that does not have the problems of size and safety that Toncontin (Tegucigalpa) has, and for this, investment is being made in improving the road network to the area and facilitating the flow of trade and passengers. But we do not have the resources to build the new airport and with the concession we are able to do that. "
Of the planned investment of $300 million, a total of $52 million will go on works at the Ramon Villeda Morales airport in San Pedro Sula.
Source: elfinancierocr.com
More on this topic
February 2011
InterAirports authorities, Tegucigalpa airport concessionaire, announced the availability of funds for its construction.
Edgardo Maradiaga, head of Honduran Airports, added that construction of a highway to the airport should be a settled matter before the new terminal is built.
February 2011
Singapore will provide financial assistance to conduct studies for the construction of the new Palmerola Airport.
The deal was agreed during the official visit of Honduran president, Porfirio Lobo Sosa, to the Asian island.
The head of the Ministry of Public Works, Transportation and Housing of Honduras, Miguel Pastor, a member of the official delegation, said, "We completed the signing of a memorandum of understanding with strong support from Singapore in the construction planning phase of the new terminal in the sector of Palmerola Comayagua," reports Laprensa.hn.
April 2011
The $15 million first stage will be developed by the company that holds concessions for Honduran airports, backed by Chinese and Chilean investors.
Honduran president, Porfirio Lobo, announced that the first stage of the Palmerola airport development will be inaugurated in 2013 with a four-lane fast access road because, in his words, "an airport without fast highway access doesn't work".
April 2011
Interairports company representatives have announced the investment after receiving approval for the project from the Porfirio Lobo government.
The company holding the concession to operate Honduran airports expects the works at Palmerola to be completed by the end of 2013, for which they will need to begin as soon as possible after finalizing the necessary paperwork with the government.
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