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Peru and Fraport’s LAP sign agreement for advancing major airport expansion at Lima Airport

Lima, Peru - Construction to begin in 2018 and an investment of about USD 1.5 billion

Lima Airport Partners (LAP) –a Fraport AG majority-owned company– and the government of Peru yesterday signed an amendment to the 2001 Lima Airport Concession, thus making it possible for LAP to move ahead with a major expansion program at one of South America’s fastest growing airports. In particular, the amendment outlines when and how the government should hand over land needed for the expansion of Li...

fra/pec - 1206052

AVIONEWS - World Aeronautical Press Agency
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