Lima airport finalises plan for Peru Plaza

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Lima Airport Partners (LAP), the company controlling Lima's Jorge Chavez airport, expects to complete $20m worth of projects at the airport during this year including runway extensions, a four-star hotel and the Peru Plaza shopping complex. LAP has already taken over 43 separate retail and food & beverage concessions at the airport from the old airport authority Corpac as part of a three-year development plan.

The LAP consortium, which includes Frankfurt airport (Fraport), Bechtel Enterprises of the US and Peru's Cosapi, signed a 30-year management contract a year ago in which it will pay 46.51% of its annual income to the Peruvian government.

Construction work is about to begin on the 5,000sq m (53,800sq ft) shopping plaza with restaurants and services in the main terminal, which will have access gates from arrivals and departures. Fraport said the airport is being developed to provide international service standards and to serve as a major gateway for Peru.

LAP managing director Juan Antonio Casanova commented that the company is also interested in taking management responsibility for Peru's other regional airports Cuzco, Arequipa and Iquitos.

Lima airport handled approximately 4.1m passengers in 2001, half domestic and half international departures, but LAP is forecasting a three-year increase to 6m passengers a year.