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Ecuador considering PPPs for some more of its airports

Analysis

Concessions, BOTs and PPP arrangements for the financing, management and development of airports have become the norm throughout Latin America.

Ecuador is not as well known for it as, say, Argentina, Brazil and Mexico, but several of its airports are already managed in this fashion, including the fairly new airport for the capital, Quito.

Now Ecuador wants to push on with similar arrangements for other airports. The trouble is that there are few airports there generally and fewer still that will excite investors. Having said that, Corporación América has an involvement at two airports, and Korea Airports Corporation is a consistent suitor.

The response the government gets to any further attempt to attract the private sector to these airports, domestically or abroad, will be an early indicator of the degree of interest that will be shown in the continent's airports in the immediate future, together with the response to the next concession tranche in Brazil.

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