Honduras: Funding for Palmerola Announced

Spain has confirmed a contribution of $52 million for the construction of the airport, but there is still $83 million left which the Honduran government is looking to raise through a public-private partnership.

Tuesday, March 10, 2015

From a statement issued by the Government of Honduras:

The Government of Spain, through a delegation accompanying President Mariano Rajoy at the Summit of the Central American Integration System (SICA), held in Guatemala, confirmed with Ministers of Finance, Infrastructure, and Public Utilities support for Honduras for the construction of Palmerola Airport.

"On our last visit to Spain we hired a consultant to update the financial model of the project, and then deliver it to the Spanish Cooperation and met with Minister of Economy of Spain, Jaime García Legas Ponce, who confirmed the government's position that country will support this project, " Cerrato said.

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