The Grupo Aeroportuario del Pacifico (GAP) will assume operational responsibility of Kingston’s Norman Manley International Airport (NMIA) in 2019. Government officials signed a concession agreement with GAP on Wednesday, October 10.
The signing, held at the Office of the Prime Minister (OPM) in St. Andrew, was touted as a historic achievement by PM Andrew Holness, solely for the benefit of the Jamaican people.
Also on hand to witness the signing were Minister of Transport Robert Montague; President of the Airports Authority of Jamaica (AAJ) Audley Deidrick, diplomats from Mexican Embassy and the Canadian High Commission, as well as other senior government officials from the Development Bank of Jamaica.
Under the 25-year concession agreement, the government will receive percentages of NMIA’s gross revenues earned, while GAP will be tasked with operation and maintenance of the NMIA – improving efficiency of landside and airside operations, as well as financing and completing the planned modernization programme.
GAP has previously assumed operational control of the Sangster International Airport in Montego Bay, back in April 2015 – investing over US$191 million to acquire a 74.5% majority stake in the airport.
GAP, a Mexican corporation, operates 13 international airports in large metropolitan areas, industrial centres and leisure destinations across the Pacific and central regions of Mexico, with over 40.7 million passengers being managed by airports under the group in 2017.
“We will collaborate with the government of Jamaica in identifying tourism development opportunities and possible investors from Mexico; as well as explore potential growth for new resorts, tourism facilities and time-share business in parts of the country where the connectivity provided by the airport could be a catalyst,” remarked Raul Revuelta, Chief Executive Officer of GAP.
By Gavin Riley