Groupe ADP and the Government of the Plurinational State of Bolivia have signed a Memorandum of Understanding (MoU) to start exclusive negotiation for a strategic alliance for operation and development, over 30-year period, of the Viru Viru Santa Cruz de la Sierre International Airport, the country's largest airport which welcomed 2.9 million passengers in 2018.
Viru Viru International Airport has experienced strong traffic growth of nearly 10% per year over the last ten years, helping the country's economic development. It is the main gateway to Bolivia by air and it serves Santa Cruz de la Sierra, Bolivia's largest city with 1.7 million inhabitants and capital of the Santa Cruz department, Bolivia's largest economic center (29% of GDP).
The MoU with the Bolivian Government, represented by the Ministry of Planning and Development and the Ministry of Public Works, Services and housing, provides that in case of final agreement, Groupe ADP will be in charge of the design, construction, operation, maintenance and financing of Viru Viru International Airport, including existing facilities and necessary extensions during the 30-year of the contract.
Groupe ADP will mobilize its various expertise for the successful setting up of this project as a strategic partner of the Government and by involving various local stakeholders interested in the project.