Location

Barranquilla, Colombia 

Sector

Transport - Airports

Procuring Authority

ANI (Agencia Nacional de Infraestructura)

Project Company

Grupo Aeroportuario del Caribe SAS

Project Company Obligations

Design, Build, Finance, Operate and Maintain

Financial Close

September 2015

(credit agreement signed in March 2016)

Estimated Capital Value 

COP $345 billion

(USD $144 million - 2015 exchange rate)

Contract Duration

15 years (can be extended up to 20 years to reach contractual Net Present Value (NPV))

Key Events

Concentration of construction activities during a relatively short initial period, challenges with KPIs during construction