Nicaragua plan to build Punta Huete int’l airport moves forward
Nicaragua’s national assembly said it approved a loan from China to turn the Punta Huete airport – a military facility in San Francisco Libre municipality – into an international airport.
The financing agreement worth 2.87bn yuan (US$400mn) was signed in December by authorities from the two countries.
As part of the agreement, the contract to execute the project was awarded to Chinese firm CAMC Engineering in October. No further details regarding the contract have been disclosed since the announcement.
The project involves rebuilding, expanding and modernizing the airport so it can serve 3.5mn passengers per year, and reduce the number of lay overs between Nicaragua and Asia, Europe, Africa and Oceania.
The airport will have a 60m-wide runway with an extension of 3.6km.
The country’s only international airport is Augusto C. Sandino in capital Managua. It has been operating for over 68 years and the potential to expand its capacity is limited.
“The Punta Huete airport modernization also promises to establish a multimodal logistics hub, as it is linked to other strategic projects like the construction of a railway, building the Bluefields deepwater port, and the installation of new logistics and industrial services areas,” the assembly said in a press release on Friday, adding that Nicaragua must catch up with other Central American countries that have several international airports.
Subscribe to the leading business intelligence platform in Latin America with different tools for Providers, Contractors, Operators, Government, Legal, Financial and Insurance industries.
News in: Infrastructure (Nicaragua)
Nicaragua to build new port on Ometepe island
According to vice president Rosario Murillo, construction would start on June 20.
The project financing models for Central America pushed by Cabei
BNamericas talks to the Central American Bank for Economic Integration's executive president about the state of financing in the subregion and how ...
Subscribe to Latin America’s most trusted business intelligence platform.
Other projects in: Infrastructure
Get critical information about thousands of Infrastructure projects in Latin America: what stages they're in, capex, related companies, contacts and more.
- Project: Third level hospital in Potosí - “Fray Giovanni Eugenio Natalini Magnani”
- Current stage:
- Updated:
3 days ago
- Project: Linares hospital
- Current stage:
- Updated:
3 days ago
- Project: García - Monterrey International Airport railway corridor
- Current stage:
- Updated:
3 days ago
- Project: Cancun Airport Expansion and Modernization
- Current stage:
- Updated:
4 days ago
- Project: Nuevo León Children's Hospital
- Current stage:
- Updated:
4 days ago
- Project: Extension of the Costanera Norte to Route 78 (Road Connection Route 68 - Route 78)
- Current stage:
- Updated:
4 days ago
- Project: Ciénaga - Barranquilla Highway Widening (Phase 3)
- Current stage:
- Updated:
4 days ago
- Project: Northwest orbital concession
- Current stage:
- Updated:
4 days ago
- Project: Bridge over the Paraguay River between Carmelo Peralta (Paraguay) and Puerto Murtinho (Brazil) (Third Paraguay-Brazil bridge Puente de la Bioceánica)
- Current stage:
- Updated:
4 days ago
- Project: Expansion and Modernization of the Port of Progreso
- Current stage:
- Updated:
4 days ago
Other companies in: Infrastructure
Get critical information about thousands of Infrastructure companies in Latin America: their projects, contacts, shareholders, related news and more.
- Company: ERM
-
The description included in this profile was taken directly from an official source and has not been modified or edited by the BNamericas’ researchers. However, it may have been...
- Company: Protende MHK
- Company: Compañía VHOA
- Company: Consórcio Expresso Ipiranga
-
Consórcio Expresso Ipiranga, is a partnership formed by Alya Construtora and Coesa Construção e Montagen for the implementation of the project Line 15 (Silver) of the São Paulo ...
- Company: Geoconsult S.A. Consultores Generales  (Geoconsult Perú)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Vialmani S.A. - Hidraco S.A. - Union Transitoria  (Vialmani - Hidraco - Union Transitoria)
-
Vialmani S.A. - Hidraco S.A. - Union Transitoria is a company formed by Hidraco S.A. and Vialmani S.A. for the execution of the Highway Provincial Route No. 11 project, section:...
- Company: Sociedad Cooperativa de Consumo de Servicios Aéreos Aeropuerto del Norte  (Aeropuerto Internacional del Norte)
-
The description contained in this profile was taken directly from an official source and has not been edited or modified by BNamericas researchers, but may have been automatical...
- Company: Secretaría de Salud de Nuevo León
- Company: Vial Agro S.A. - Coarco S.A. - RP 11 - Union Transitoria  (Vial Agro - Coarco - RP 11 - Union Transitoria)
-
Vial Agro S.A. - Coarco S.A. - RP 11 - Union Transitoria is a company formed by Coarco S.A. and Vial Agro S.A. for the execution of the Highway Provincial Route No. 11 project, ...