Corporación América, owned by Argentinian millionaire Eduardo Eurnekian, and Morgan Stanley Infrastructure plan to bid together Santiago airport concession in Chile, according to sources. Both firms could be looking for a local partner to join the consortium.

The call for companies to prequalify for the tender process was made on February 19, 2013.

The concession includes the development of a new international passenger terminal at the gateway, the remodelling and expansion of the existing domestic passenger terminal, the construction of more than 4,000 new parking spaces in a multi-storey car park, and a number of landscaping projects.

The concession will require investment of $716 million.

Beginning in September 2015 when the current concession comes to an end, it will be for a period of 15 years lasting until 2030.

The project aims to triple Arturo Merino Benitez International Airport's capacity to 29 million per year by 2030. The current airport infrastructure has a capacity of just 9 million passengers.

Once the concession has been awarded, there will be a one-year period for engineering development, followed by four years of construction works.

According to the MOP, the airport handled nearly 14 million passengers in 2012, despite only having capacity for 9 million.