Colliers To Advise on Airport Development

QUITO, ECUADOR-The Multimodal Services Group of Colliers International has been selected to advise on creation of support development surrounding a new airport currently under construction here in this South American community. The New Quito International Airport is slated to be in limited use in April 2010, followed by a full-scale opening in October 2010.

“This is an outstanding opportunity for aviation-related developers to participate in what is perhaps the only ‘greenfield’ airport project underway in the western hemisphere,” says John Carver, EVP of the Colliers Multimodal Services Group. The Colliers team was retained by Corporacion Quiport SA, the entity awarded the concession to finance, construct and operate the facility.

Conceived in 2002, the new Quito airport will replace the aging Mariscal Sucre Airport, which is situated in the center of the city 15 miles away to the west. Cargo and passenger forecasts have continued to increase for the airport since the plan was launched, explains Carver, and the result has been an expanded development strategy. Part of the firm’s role will involve identifying qualified companies that would be interested in participating in the venture, a search that Carver says will be launched shortly via a requests-for-proposals process.