An airport seeking to expand its facilities, or a governmental entity seeking to build a new airport, must raise sufficient capital to finance such development from public or/and private sources.
The growth in air traffic and the need to expand and upgrade airport infrastructure over the next years is an opportunity to offer creative financing solutions to a variety of customers worldwide.
One of the private sector funding mechanism is the Build-Operate-Transfer [BOT] approach, with the contractor financing, construction, operations and maintenance for a specified number of years, after which it transfers the facility over to the government. |
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