Thursday 19 February 2009, San José, Costa Rica

 
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Government Not Ready Just Yet To Assume Management Of San Jose Airport
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Government Not Ready Just Yet To Assume Management Of San Jose Airport

The future of the Juan Santamaría (San Jose) airport hangs in the decision of the government after the Contraloría General de la República (Comptroller's office) denied the transfer of the airport management from the current, Alterra, to the Houston Airport System Development Corporation (HASDC).

The Contraloría said that HASDC did not provide the necessary financial security required to take over as operator and manager of the country's main international airport.

The government will now have to decide what to do with the airport that to date is yet to be finished after years of construction and financial problems.

The ministro de la Presidencia, Rodrigo Arias, said yesterday afternoon that a decision on the future of the airport is forthcoming, two weeks tops.

"If the situation has not been resolved in the next 10 days we will have to make a decision, it is the responsibility of the government. There are two problems, one is the management of the airport and second the completion of the work", said Arias.

Minister Arias added that if the Aviación Civil takes back the management of the airport, there is a plan that includes consulting with international organizations. Arias was adamant that the possibility of Aviación Civil taking over the aiport is not discarded.

HASDC had counted on a us$100 million financial package that was negotiated last year as part of the negotiations to take over the Juan Santamaría. However, due to the current financial crisis the financing deal to allow HASDC to take over the airport was never completed.

Minister Arias was hopeful that HASDC will come up with the required line of credit, saying that the company is a serious one, a company that is putting up its own capital to get the construction of the terminal completed.

For the transfer to occur, HASDC has to obtain a us$100 million dollar line of credit, the amount required to finish the airport terminal.
 
 
 
 
 
 
     
 
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