Chile's Ministry of Public Works (MOP) has begun the tender process for a $700 million concession to the Santiago International airport.
The 15-year concession includes construction of a new 175,000m2 international terminal and renovation and expansion to 119,000m2 of the existing terminal, which will become the domestic terminal, with the addition of 37 new jet bridges for a total of 55 by 2020, according to the MOP. The project also includes additional parking and related infrastructure improvements
Passenger capacity at Santiago will triple to about 27 million passengers per year under the plans, according to the ministry.
The airport is Chile's primary international gateway and a major hub for LAN Airlines. It handled 12 million passengers in 2012, according to MOP data.
The ministry plans to release a request for proposals in the second half and award the contract in 2014, with the concession beginning in 2015. International and local firms are invited to qualify.
Agunsa, FCC, Grupo ACS, Inmobiliaria Parque Tres and Vantage Airport Group-owned SCL Terminal Aereo Santiago has held the concession for the airport since 1998. Chief executive Alfonso Lacamara told Airline Business in November that the consortium planned to bid on the new concession for the airport.
The MOP anticipates traffic at the airport to grow to 29 million by 2030.