ECONOMY

Delays occur in regional airport concession

State privatization fund TAIPED is inexplicably delaying the process for the concession of the country’s regional airports, even though as many as 11 consortiums have already expressed an interest since May.

It is now becoming clear that the winning bid will not be selected before the end of 2014 or even early 2015. Furthermore, the form of the concession contracts and the infrastructure works to be required for the upgrading of terminals are worrying the market about the prospect of the creation of small and expensive airports around the country, sending the cost of their use by airlines, and therefore ticket prices, soaring.

Sources say that participating companies are in constant contact with each other and the possibility of changes to the final bids is quite likely ahead of the second stage of the tender requiring binding offers.

Each of the two concession contracts to be awarded, lasting 30-35 years, will concern seven to 10 regional airports.