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Arevalo rules out privatization of Guatemala’s La Aurora Airport

Guatemala City, Jun 20 (Prensa Latina) Guatemala’s President Bernardo Arevalo ruled out Thursday the privatization of La Aurora International Airport, following his announcement two days ago of a bidding process to improve its conditions.

On a press conference after a tour to verify the progress of this facility in four months of new administration, the president detailed that when the time comes, they will need an association that will allow the State to contribute capital along with a specialized entity.

“What is the model?” the Governor wondered while answering that it is not defined yet because that is what has to be worked on in the next stage.

Arevalo expressed he likes the idea of a mixed capital company where the State provides a part of the capital and the national or international private investors give another part.

In addition, there could be the possibility that shares could be taken out so that people could buy and raise capital in this way, he noted.

He considered that this will be prepared in a stage that will take more or less four to five years, but before that, he highlighted, they must pass the emergency “with these recovery efforts, with the 200 million quetzales that we asked Congress for in the budget increase.” The flag bearer of the Seed Movement party began by conveying his satisfaction with the changes observed, among them the management of passengers in the migration area, which now has more personnel, he described.

He mentioned the operation of five of the six baggage belts, the other one will be ready in a week, and also took advantage of the opportunity to correct the lighting and make a general maintenance of the area.

The head of State also underscored the taxiway, which has been undergoing repairs and there is one last stretch left, since it was abandoned for a long time, but by the end of this month it will really be in a renewed condition.