Airport operator Corporacion America Airports SA is boosting its bet on Uruguay after receiving a 20-year extension on a key international airport there while beefing up its presence in the South American country with some smaller airfields.
Its Uruguay subsidiary, Puerta del Sur SA, extended the concession of the airport serving the capital, Montevideo, until 2053, and added six domestic airports to the agreement. The company plans to invest to upgrade the infrastructure of the local airports, which until now had been losing money, to global standards, said Martin Eurnekian, chief executive officer of Corporacion America Airports.
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November 12, 2021 at 10:04AM
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Corp. America Plans $300 Million Uruguay Airport Investment - Bloomberg
"corp" - Google News
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