Grupo Aeroportuario del Pacifico has emerged as the provisional preferred bidder for the operation of Norman Manley International Airport (NMIA), located approximately 30.5km from the centre of Kingston, the capital of Jamaica. The Government of Jamaica anticipates the execution of the concession agreement by November 2018.
The decision comes after the evaluation process and subsequent approval by Cabinet, after the public opening of three bid submissions received by the Development Bank of Jamaica in July. Two of the bids were received from groups which comprised both foreign and local investors.
NMIA will be operated under a 25-year concession with an option to extend the arrangements by an additional five years. The private operator will be responsible for fully operating NMIA during this period, as well as improving the efficiency of both landside and airside operations, financing and completing the planned modernisation and expansion and maintaining and upgrading the facilities of the airport, the second-largest in Jamaica.