The Bolivian government has awarded the 30-year, USD 280m Viru Viru International Airport expansion project contract to French airport developer Groupe ADP, the Ministry of Planning and Development announced on 27 September.
Groupe ADP’s fully owned subsidiary ADP International will sign the memorandum of understanding for the DBFOM 30-year concession on 30 September. While ADP will contribute equity to the project, the size of its commitment was unknown by press time.
Other pre-qualified proponents were France-based Vinci Airports and Argentina’s Corporación América Airports, a government official told Inframation.
The Viru Viru expansion will be the first project under the Bolivian regulation that governs public-private partnerships. This type of projects is regulated by the Supreme Decree No. 3469 signed in January 2018.
Groupe ADP already manages 25 airports worldwide and Viru Viru will be its second in Latin America after Chile’s Santiago airport, which it won in 2015 as a member of a consortium that included Vinci and Astaldi.
Earlier this year, Groupe ADP bid for the Macaé and Vitoria Airport Concessions in Brazil but didn’t win the contract.
Groupe ADP didn’t respond to requests for comment in time for publication.