23-Apr-2021 2:49 PM

KAC to finalise 30 year concession contract for Manta Airport in Jun-2021

Korea Airports Corporation (KAC) announced (23-Apr-2021) plans to finalise a contract with Ecuador's Government by the end of Jun-2021 to own and operate Manta Airport for 30 years, effective 2021-2050. The contract is valued at KRW540 billion (USD482.3 million) and KAC will establish a special purpose vehicle to operate the airport. [more - original PR - Korean]

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