Following recommendations by the Civil Aviation Organization, the first step will be the modernization of systems and infrastructure improvements followed by a second stage of expansion works.
The proposed works include resurfacing the runway and complementary roads, valued at $22 million, and the modernization of the radar control center, valued at $2.5 million.
"'All of the the infrastructure in service will be improved and that is a major investment. The master plan is from 2013 onwards", said Vilma Calderon, private sector representative on the board of Autonomous Executive Port Commission (CEPA).
"First of all, what needs to be updated are the things that should be in an airport of the level, quality and traffic that our airport has", added Napoleon Guerrero, also of the autonomous commission on behalf of private enterprise ", published Laprensagrafica.com.
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Officials are considering issuing bonds or taking loans to finance the expansion of AIES International Airport.
Guillermo López Suárez, president of CEPA, the Airports Authority, explained they need $25 million to fund the expansion, and that they must study priorities, as this transaction would increase the country's level of debt.
The infrastructure work and renovation of radar and communications equipment brings the investment to $66 million.
The renovation of the El Salvador International Airport (AIES by its Spanish abbreviations) has entered its first phase, which includes the installation of an elevator, construction of new bleachers, replacement of half the air conditioning systems and changing of 50 % of all toilets.
The expansion and modernization of the International Airport in El Salvador will be funded through securities, which will be issued on 18 February.
The Autonomous Executive Port Commission of El Salvador (CEPA by its initials in Spanish) will issue securities worth $58.3 million, which will be complemented by a loan taken out with the BCIE in order to expand the El Salvador International Airport (AIES by its initials in Spanish), whose investment is around $70 million.
The refurbishment of the terrace of El Salvador International Airport marks the beginning of an expansion process for the entire terminal.
The Autonomous Executive Port Commission (CEPA) will begin the refurbishment of the terrace during the first quarter of this year.
"CEPA hopes to make the place more attractive by building seven shops, set benches for visitors and cover the ceiling with a glass material which allows sighting of aircrafts,” informed Elmundo.com.sv.