the kac – Korea Airports Corporation takes over administrationón of the International Airport «Eloy Alfaro» from the city of Manta. Photo MTOP
All the actionón de administrationón of KAC has been declared void with date 5 July 2021 for having breached procedures and times within the process:
With Resolutionón Presidencial Nro. 1287 delegation is grantedón to a private initiative for the:
- Financing, maintenance of the áoperations area and the ground sector of the Manta Airport with the exceptionón of the áAreas related to Traffic ControláI'm theéreo (ATC for its acronym in Englishés).
Recently remodeled afteréIt's a long wait after the earthquake 2016 and with investmentón of más de $24 millions, the Manta International Airport has a new terminal 5.000 square meter, new nine-story high control tower, parking for meás de 130 vehíglasses, m aircraft parking apronás de 14.000 square meter, new víto access and additional works that came into operation in February 2021 with passengers on the Quito route – Manta – Quito.
Within the concession processón of the Manta Airport startó in the AñO 2017 when the first delegation arrivedó from Korea to evaluate investment possibilitiesón in several airports in the countryís.
In that yearálysis, the airports managed by the Directorate were reviewedón General of Aviationón Civilian of Ecuador, where the project máIt's interesting because of its positionón geográfica, locationón at sea level and a projectionón of passengers that have reached meás de 300 thousand passengers per year, positionó Manta like the prónext airport to go into administrationón private in the país.
Putting in context, on Ecuador airports de operationón outside the DGAC are:
- Guayaquil – ONE
- Quito – Quiport
- Baltra – Ecogal
- Cuenca – CORPAC (Municipal)
Concession detailsóNo. of Manta
- Delegationón for 30 años.
- Administrationón, maintenance and financing.
- Inversionón total of $69 millions.
- $6 million the firstñO
- operating expenses of $185 millions for the 30 años
- expected income from $625 millions in the 30 años.
- estimateón of the growth in demand for 2.4% annual.
- Al añO 2050 they love each otherás de 370 thousand passengers per year in an average scenario.
- Más de 1 millónumber of passengers in optimistic scenario.
- The opening is expected 9 international routes to 2050.
The concessionón to KAC is achieved based on Artíass 100 de COPCI que señala:
«…except in the case of state-owned companies of the countriesíses that are part of the international community, in which case the delegationócan'tá done directly».
Korea Airports Corporation
The initiative cameó from KAC for the administrationón, operationón and maintenance of the terminal aérea, where its palmares and experience come hand in hand with being a Korean state-owned company that manages 14 airports such as Gimpo, Gimhae, Jeju, Daegu, Muan, Cheongju y Yangyang, for which toño se mobilizan más de 80 thousands of passengers.
At the moment it has not been reportedándo Korea Airports startá the administrationón of Manta Airport for the concession to come into forceón of the fifth airport that enters this modality in the countryís.
what good news, I wish the same would be done with the other airports because it has been more than proven that the State is a lousy business administrator… But there will be no shortage of people who would rather see airports rot in oblivion than have them concessioned and generate economic benefits as developed countries do.
I totally agree.
State companies are not owned by any government to be exploited by third parties.
Hello Jorge, what company do you mean?
Necessary, a concession of a public good to know that the utilities are profitable, and, of benefit for the growth and economic development of the province of Manabi, of the aeronautical area, and the country in general?????
the information says: administration, operation and maintenance of the air terminal. It is understood that, It has nothing to do with the operational areas of the airport, and, the income it generates.????
What are the clauses of the concession contract??????
What are the annual yields in favor of the Ecuadorian State????
We could do a simple analysis of results, to know if it is convenient or not to hire these services.
Hello Jose, very good questions. What we have learned is that the State is not a good administrator in aeronautical and airport issues., so reaching that profitability requires being efficient and knowing what they are doing. I understand that civil aircraft operating income will go to KAC, while the rest to the DGAC as ATC operator of the terminal.
The clauses are not yet known, since it is not signed yet.
The issue of utility for the Ecuadorian state, I assume, will be known at the signing of the same.
Much success to the new Korean company
again does not have, rather, its guarantee is the experience of many years.