On January 20th, 2010, Infrastructure Project Finance S.A. (IPF SA), was welcomed by QUIPORT the Private Corporation responsible for the Concession Project, and in the meantime welcomed by the Project's driving accomplices and developing firm, ANDRADE GUTIERREZ (AG) from Brazil, and administrators Airport Development Corporation (ADC) from Canada and HAS Advancement Corporation (HASDC) from Texas. This was an uncommon visit alongside Bicentenario Airport's Project Supervisor and Board's President to recognize Quiport's experience, and especially AG's accreditations and current air terminal development experience. Structuring VP Fabio Mendez visited the development site and headways of the New Quito International Airport/ Mariscal Sucre, in Ecuador. Fabio Mendez Dangond traveled to Quito and Tababela and was ready to oversee the Project's degree and headways, and also take a guided tour to the development site. This also included a private meeting with the Project Director, the Financial Director, and the Constructing Director and top officials from the Project Management group and the concessionaire.
The $700 million (US) Quito International Airport Project includes the operation of Ecuador's present capital city air terminal high in the Andes Mountains, and the outline, financing, development and operation of another Greenfield airplane terminal as a substitution. The task is secured under a Design, Build, Finance, Operate and Maintain (DBFO) conveyance model with a 35-year concession term.
Quito's new airplane terminal will include a 4,100 meter runway, a 38,000m2 cutting edge traveler terminal building and 34,000m2 of extra structures, which incorporate a world-class control tower, freight, shelter, cooking and subordinate aeronautics offices. The new airplane terminal will be a motor of financial development for Ecuador by giving monetary changes to many organizations and a huge number of laborers.