Updated with additional details from the MOP
Chile’s Ministry of Public Works (MOP) is requesting bids from qualified firms for an at least $650 million concession of the Santiago International airport.
The 20-year deal to design, build, finance and operate the airport serving the Chilean capital includes construction of a new 175,000m2 international terminal, and the renovation and expansion of the existing terminal to 119,000m2 for a total of 55 jet bridges by 2020, according to the grantor. The existing facility will be converted to a domestic terminal after construction is completed in either 2018 or 2019.
Santiago airport could handle 30 million passengers annually with the expansion, says the MOP.
Traffic increased nearly 8% to 15.3 million passengers in 2013, and has increased an average of 16% during the past four years, the grantor's data shows.
The airport is a major hub for LATAM-subsidiary LAN Airlines, which is part of the Oneworld alliance.
Bids are due on 30 September with the economic offers scheduled for opening on 30 October, according an MOP document dated 20 June. Recent reports say that the deadline has been pushed back to November.
The winning bidder will be selected based on who provides the government with the highest share of revenues.
SCL Terminal Aereo Santiago holds the existing concession for the airport through September 2015. Agunsa, FCC, Grupo ACS, Inmobiliaria Parque Tres and Vantage Airport Group own the concessionaire.