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CAPA - Centre for Aviation

  • Type: Aviation Supplier

Lima Airport’s expansion project sees new passenger terminal added as traffic recovers

On several occasions during the pandemic CAPA has made reference to the importance of overseas investments to Fraport – a company that has seen its investments shift out of China, and one that has abandoned Russia altogether in recent months.

One of its longest-established concession contracts is at LimaPeru, which it manages via Lima Airport Partners (LAP), in tandem with the International Finance Corporation, a minority shareholder.

An investment of USD1.6 billion there is now to be augmented by the construction of a new terminal.

That investment seems to be late in the day as the 30-year concession was scheduled to expire in 2031.

However, it was extended in 2017 by a further 10 years to 2041, offering LAP – and specifically Fraport – the opportunity to continue to benefit from its presence at one of the biggest and most influential of Latin American airports.

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