Public Private Partnership - The new Quito International Airport
The new Quito International Airport project began in July 2006. A six-year / C466,663 Million infrastructure project, whose completion is expected in the fall of 2012, this public-private partnership involves the Canadian Commercial Corporation working with the Toronto-based company Aecon Construction Group as the prime contractor for design and construction, and Export Development Canada as one of the project’s four lenders.
Quito’s new International Airport is to be one of the few greenfield airport projects in the world, incorporating world-class technology and being recognized by the UN for environmentally responsible construction. It will help address Ecuador’s growing long-term needs for tourism, exports and enhanced participation in the global economy, notably by enabling non-stop flights from Quito to Canada, the United States and Europe. The project has also translated into significant work opportunities for Ecuadorians: 2,600 during the construction periods and some 6,000 expected when the airport becomes operational in late 2012.
- Date Modified: