Rio de Janeiro Airport awarded to consortium of companies from Brazil and Singapore

26 November 2013

The Aeroportos do Futuro consortium has been granted the concession on António Carlos Jobim/Galeão International Airport, in Rio de Janeiro, following an offer of 19 billion reals (US$8.3 billion), Brazil’s national civil aviation agency (ANAC) said.

Made up of Brazilian construction company Odebrecht, with a 60 percent stake and by Changi Airport, of Singapore, competing for the tender under the name of Excelente B.V., the consortium is expected to handle 60 million passengers in 2038, when the concession is due to end, according to an estimated from ANAC.

The rights to expand, maintain and explore Tancredo Neves Airport, in Confins, in the metropolitan region of Belo Horizonte, the capital of the state of Minas Gerais, were awarded to the Aerobrasil consortium for 1.8 billion reals (US$795 million).

The airport currently deals with 10.4 million passengers a year and by the end of the concession period that number is expected to increase to 43 million people.

The AeroBrasil consortium, which was awarded Confins airport, is made up of Companhia de Participações em Concessões CPC, which is controlled by road concession company Companhia de Concessões Rodoviárias (CCR) (75%), Zurich Airport International AG (24 percent) and Munich Airport International Beteiligungs GMBH (1 percent).

The concession period is 25 years for Galeão airport, which can be extended for another five years, and of 30 years for Confins airport, also extendable for another five, and state company Infraero will be responsible for managing federal airports, as a partner of the winning consortiums with a stake of 49 percent. (macauhub)