Chilean Government announces USD1.5bn airport investment budget for 2025 to 2030
Chile's Ministry of Public Works announced (03-Dec-2024) plans to invest USD1.5 billion across the country's airports from 2025 until 2030, in addition to over USD1.7 billion expected to be invested by concessionaires during the period. Planned works include terminal expansion at Arica Chacalluta Airport and Iquique Diego Aracena Airport, terminal construction at Easter Island Mataveri International Airport and expansion works at the Teniente Marsh airfield in Antarctica. [more - original PR - Spanish]
Background ✨
The Chilean Ministry of Public Works announced a consortium led by Belfi and Icafal submitted a proposal for the concession of Temuco La Araucanía International Airport, planning to invest USD138 million for modernisation, with works commencing in 20271. Additionally, expansion at Arica Chacalluta Airport was expected to complete by November 2024, involving USD80 million in upgrades2. Further, Vina del Mar Torquemada Airport is set to receive CLP76 billion for expansion, aiming for operation by 20273.