Origin Country
Dominican Republic

airport deal

Dominican Republic - Bávaro

Operator // tbd (greenfield)

Overview

Overview

Media reported that the gov’t of the Dominican Republic (DR) passed a resolution, dated Jan. 23, 2020, which gave “its agreement and no objection to the development, construction, operation, and economic exploitation of the Bávaro International Airport AIKB SAS project, under the same contractual terms and conditions as the other privately owned airports that currently operate in the Dominican Republic.” The 600 hectare “Three Piece” site, located in ​​Tres Pieza, El Salado region in the Salvaleón de Higuey municipality, is designed for an initial capacity of 2.5m pax/year. Construction will be undertaken by the Abrisa group, founder of Dominicanos Siglo XXI (Aerodom), current concessionaire of six airports in DR including Santo Domingo and Puerto Plata, which Abrisa sold its stake in back in 2008.

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Passengers

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Movements

N/A

Cargo (tonnes)

Included Airports

Airports

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Dominican Republic

1 airport

Transaction Stage

Stage

Stage 1 — In progress

Deal Structuring & Market Sounding

Initial process by government/grantor or private owner of shares to structure the transaction and/or sounding potential market interest in the opportunity.

Stage 2 — Pending

Due Diligence & Bid/Offer Development

Investor/operator evaluation for the deal/opportunity and/or business case and financial model development to support commercial bid/offer.

Stage 3 — Pending

Award, Financial Close & Transfer

Award of deal by government/grantor, or acceptance of offer from private owner of shares, followed by completion of financing conditions and, ultimately, granting of concession and/or transfer of shares.

Deal Information

Information

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