Paraguay to launch airport P3

The Paraguay government has launched a pre-feasibility study to build a new terminal through P3 at Silvio Pettirossi International Airport (ASU) which serves the capital, Asuncion.

The European Union will provide €200,000 to fund a 60-day pre-feasibility study into the development of a new terminal adjacent to the existing one at Paraguay’s main international airport.

The government expects to launch a tender in December and start works in March 2015. The contract will be for 30 years and will require an initial investment of around $148m, with total investment of $180m over the length of the concession. For more information click here.

Meanwhile, the Paraguay government has also recently discussed facilitating foreign private investment in infrastructure with the United States Department of Treasury, and representatives of public and private banks.

The Paraguay government signed a law allowing P3s in April this year and is expected to imminently announce a pipeline of P3 projects across sectors.